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Page 1 CPT Section C General Economics Chapter 5 Unit 1 CS.Manish Dua Page 2 CPT Section C General Economics Chapter 5 Unit 1 CS.Manish Dua MCQ's Page 3 CPT Section C General Economics Chapter 5 Unit 1 CS.Manish Dua MCQ's 1. According to the World Bank estimates, India’s per capita income in 2011: • ( a) $ 480 • ( b) $1410 • ( c) $ 1180 • ( d) $ 720 Answer: b Page 4 CPT Section C General Economics Chapter 5 Unit 1 CS.Manish Dua MCQ's 1. According to the World Bank estimates, India’s per capita income in 2011: • ( a) $ 480 • ( b) $1410 • ( c) $ 1180 • ( d) $ 720 Answer: b (a) 6.6% (b) 8.2% ( c) 7.3% ( d) 5.6% Answer: a On the basis of current daily status (CDS) unemployment rate in 66 th NSSO round was Page 5 CPT Section C General Economics Chapter 5 Unit 1 CS.Manish Dua MCQ's 1. According to the World Bank estimates, India’s per capita income in 2011: • ( a) $ 480 • ( b) $1410 • ( c) $ 1180 • ( d) $ 720 Answer: b (a) 6.6% (b) 8.2% ( c) 7.3% ( d) 5.6% Answer: a On the basis of current daily status (CDS) unemployment rate in 66 th NSSO round was (a) 54% (b) 56% (c) 50% (d) 65% Answer: c Presently, the population engaged in agricultural sector is ………..Read More
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FAQs on MCQ - Role of Different Sectors in India - Business Economics for CA Foundation
| 1. What are the different sectors in India? |  |
Ans. India has three main sectors - primary, secondary, and tertiary. The primary sector includes agriculture, mining, and fishing. The secondary sector comprises industries like manufacturing and construction. The tertiary sector includes services like banking, education, healthcare, and tourism.
| 2. What is the role of the primary sector in India's economy? | |
Ans. The primary sector plays a crucial role in India's economy. Agriculture, which is a part of the primary sector, employs a significant portion of the population and contributes to food security. It also provides raw materials for industries and generates foreign exchange through exports of agricultural products.
| 3. How does the secondary sector contribute to India's development? | |
Ans. The secondary sector, consisting of manufacturing and construction, contributes to India's development by creating job opportunities, promoting industrial growth, and increasing the GDP. It helps in the development of infrastructure, produces goods for domestic consumption and exports, and contributes to technological advancements.
| 4. What is the significance of the tertiary sector in India? | |
Ans. The tertiary sector has a significant impact on India's economy. It is the largest contributor to the GDP and employs a considerable portion of the workforce. The sector includes various services like banking, IT, healthcare, tourism, and education, which contribute to economic growth, improve living standards, and enhance the overall quality of life.
| 5. How do the different sectors in India complement each other? | |
Ans. The different sectors in India complement each other in various ways. The primary sector provides raw materials to the secondary sector for manufacturing goods. The secondary sector, in turn, creates finished products that are needed by the tertiary sector for providing services. The tertiary sector supports the other sectors by providing essential services like finance, transportation, and communication. This interdependence among sectors promotes economic growth and development.
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