20 questions
Which of the following option is not related to the given statement?
Cultivation of cotton is a primary sector activity because
it provides raw material to the textile industry, a secondary sector activity.
the making of cotton is partially depended on natural factors like rain, sunshine, soil,etc
Cotton growing falls under agriculture, that is an activity which exploits natural resources of gifts of nature.
It is the most important sector contributing to the country's GDP
Which one is the correct option for the given statement?
Dairy is a primary sector activity and not secondary sector despite the fact that 'industry' is attached to it, because
Dairy products are availed through biological process of the animals
Availability of animal feed and fodder
the main product milk is a natural product
all of the above.
Which options are not the correct ones for the given statement?
Industrial or the manufacturing sector is the secondary sector activity as
It converts the raw material from the primary sector to products consumable by humans
It goes through various stages of transformation in factories, mills or in workshop
It significantly contributes to the GDP
It absorbs part of the workforce into its fold from the primary and other sectors.
Tertiary sector is called the service sector as
it does not produce goods but provide services to all the sectors
it provides the interlink or inter connectivity between all the sectors
it provides the support that is needed by both secondary and primary sector to contribute to the GDP
All the above options are true to the given statement.
Pick the incorrect option:
GDP is defined as Gross Domestic Product of a country when we take into account the
value of final goods and services produced in each sector during a particular year, providing the total production of the sector for that year.
The sum of production in the three sectors gives us the GDP.
The value of intermediate goods that are used in making the final goods.
None of the above is incorrect
In the last 100 years there is a shift in the developed economies and societies towards the
Primary sector due to advanced agricultural techniques and greater demand due to population increase
Secondary sector as new methods of manufacturing were introduced and factories were employing huge work force to produce goods at cheaper rates.
Tertiary Sector as most of the working people are using their time and energy to establish connectivity between Primary and Secondary sectors for smoother run of the economies.
In India in 1973-74, the two sectors that significantly grew together were
Primary and secondary
Primary and Tertiary
Secondary and Tertiary
In 2013-14, the sector that contributed highest to the GDP was
Primary
secondary
tertiary
Percentage share in employment among the three sectors show that in 2011-12
primary sector had the highest (49%) share though there's a fall from what it was in 1973-74 (74%)
Tertiary sector employed the most (27 %) as against 15% in 1973-74
Secondary sector had the highest employment of 42% as against 72% in 1973-74
The sector of the economy that has become the least contributor to GDP in recent years is
Primary sector
Secondary sector
Tertiary sector
Primary sector continues to be the largest employer since 1973-74 until the present times because
Tertiary sector is the largest contributor to the GDP
Secondary sector has grown in leaps and bounds
not enough jobs were created in the secondary and tertiary sectors even though industrial output of goods have considerably risen by 9 times and 14 times in the service sector.
In recent times secondary sector shows a growth by 9 times and tertiary sector by 14 times but in case of employment
secondary sector grew by 5 times and tertiary sector by 3 times
Tertiary sector 5 times and secondary sector by 3 times
Secondary sector 5 times and tertiary sector 5 times.
Which two statements are correct for the statement?
Workers in agriculture sector are underemployed because
there are less people than required
there are more people than required
The secondary and tertiary sectors produce 4/5th of the produce and employ less than 1/2 the people
Choose the correct options:
Underemployment and disguised unemployment are the same when
when people are unemployed
when people are employed but with less pay and perks
when people are made to work less than their potential
It is a hidden condition compared to the more visible 'not employed' or not holding a job at all.
Which statement is wrong?
Mahatma Gandhi National Rural Employment Guarantee Act 2005 guarantees
100 days of work to rural unemployed in a year
100 days of work to urban unemployed in a year
Government to provide unemployment allowances if it fails to provide jobs.
It should be the kind of work that help increasing production from land to be given the preference under this ACT.
Right to Work is a Central Government law that is also called the MGNREGA 2005 ACT
True
False
Planning Commission of India is known as NITI Ayog who estimated nearly 20 lakh jobs can be created in the education sector alone.
True
false
Minimum Wages Act and Factories Act, Payment of Gratuity Act, Shops and Establishment Act are some of the laws associated with
unorganized sector
organized sector
Primary sector
Private sector
Agriculture is an unorganized sector
true
false
A company is whether in private sector or public sector is mainly determined by
ownership
organized or unorganized sector
Primary, secondary or tertiary sector contributor
size of the company