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Test: Sectors of the Indian Economy (Hard) - Grade 10 MCQ


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20 Questions MCQ Test - Test: Sectors of the Indian Economy (Hard)

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Test: Sectors of the Indian Economy (Hard) - Question 1

The sector which includes agriculture and other allied activities such as forestry, poultry farming, animal husbandry etc. is known as _____________ .

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 1

Primary sector mainly consists of agriculture. It is also known as the raw material sector. Agriculture, crop production, animal husbandry, fisheries and mining- all are included in the primary sector.

 

 

Test: Sectors of the Indian Economy (Hard) - Question 2

Cotton is a ______________  product and cloth is a _______________  product.

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 2

Cotton is a natural product obtained from agriculture which comes under the primary sector. From the cotton, yarn is spun, and textiles are made whose end product is cloth. And this processing of cotton comes under the secondary sector. The cloth is not produced by nature but has to be made, and therefore some process of manufacturing is essential.

 

 

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Test: Sectors of the Indian Economy (Hard) - Question 3

The growth of the secondary sector spread its influence during the Industrial Revolution in __________ .

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 3

The growth of the secondary sector spread its influence during the industrial revolution in the nineteenth century.

 

 

Test: Sectors of the Indian Economy (Hard) - Question 4

Which one come under the unorganized sector from the following ?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 4

Agricultural labour does not come under the organized sector since the employment of workers is not fixed. It comes under the unorganized sector.

 

 

Test: Sectors of the Indian Economy (Hard) - Question 5

Which sector has emerged as the largest producing sector in India ?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 5

The Tertiary sector has emerged as the largest producing sector in the Indian economy in the last decade because 
(i) Demand for Tertiary sector activities like transport, storage and trade have increased substantially with the development of the Primary and Secondary sectors. 
(ii) Increasing requirement of software exports from abroad creates a boom in call centres is there. 
(iii) With increase in the income levels of the people, demand for tourism, shopping, education and other services has increased. 
(iv) Liberalization of the financial environment has fueled faster growth in financial services. 
(v) Basic services of education, healthcare and communications require a large number of people to be engaged in these Tertiary sector activities.

Test: Sectors of the Indian Economy (Hard) - Question 6

Tailors, doctors and teachers belong to the__________________ sector.

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 6
The tertiary sector is also called the service sector the highest GDP contributing sector in present days. This sector also includes essential services that may not directly help in the production of goods.

For example, we require teachers, doctors, tailors, some of which provide us with personal services.

Test: Sectors of the Indian Economy (Hard) - Question 7

What does the Secondary sector deal with?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 7
The secondary sector covers activities in which natural products are changed into other forms through ways of manufacturing that we associate with industrial activity.

Test: Sectors of the Indian Economy (Hard) - Question 8

NREGA (National Rural Employment Guarantee Act of 2005) has guaranteed ………. days of employment in a year in many districts of India. What are the correct number of days?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 8

The mandate of the MGNREGA is to provide at least 100 days of guaranteed wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.

Test: Sectors of the Indian Economy (Hard) - Question 9

Employment opportunities in _____________ sector have been expanding very slowly.

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 9

The organised sector offers jobs that are most sought-after. But the employment opportunities in the organised sector have been expanding very slowly.

Test: Sectors of the Indian Economy (Hard) - Question 10

Most of the workers in the _________ sector enjoy job security.

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 10

Organized sector covers those enterprises or places of work where the terms of employment are regular, and therefore, people have assured work. They are registered by the government and have to follow its rules and regulations which are given in various laws such as the Factories Act, Minimum Wages Act, Payment of Gratuity Act, Shops and Establishments Act etc.

 

 

Test: Sectors of the Indian Economy (Hard) - Question 11

Services are also called ____________ .

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 11

Services are also called invisible and intangibles. Some services are invisible since they cannot be seen and some services are intangible as they cannot be touched, but utility derived from the services can be felt.

 

 

Test: Sectors of the Indian Economy (Hard) - Question 12

Service sector includes

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 12
For simplicity, all the working persons engaged in different industrial divisions can be clubbed into three major sectors viz. primary, secondary and tertiary sector. The service sector includes trade, transport and storage, and services. About 24 per cent of workers are in the service sector.

Test: Sectors of the Indian Economy (Hard) - Question 13

Which sector of the economy includes services ?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 13

Sector which includes trade, transport, banking, communication and services is known as the tertiary sector. The tertiary sector mainly deals with services. Hence, the tertiary sector is also known as the service sector of the economy.

 

 

Test: Sectors of the Indian Economy (Hard) - Question 14

Tata Iron and Steel company is an example of

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 14
Another way of classifying economic activities into sectors could be on the basis of who owns assets and is responsible for the delivery of services. In the public sector, the government owns most of the assets and provides all the services. In the private sector, ownership of assets and delivery of services is in the hands of private individuals or companies. Railways or post offices are an example of the public sector, whereas companies like Tata Iron and Steel Company Limited(TISCO) or Reliance Industries Limited (RIL) are privately owned.

Test: Sectors of the Indian Economy (Hard) - Question 15

Which of the following is an activity related to the unorganized sector?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 15
The unorganized sector covers most of the rural labour and a substantial part of urban labour. It uses mainly labour intensive and indigenous technology.

Test: Sectors of the Indian Economy (Hard) - Question 16

At present, in terms of agricultural production, India holds which position all over the world ?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 16

At present, in terms of agricultural production, India holds the second position all over the world following China. Agriculture is a part of the primary sector of the economy as it provides the basic occupation to people.

 

 

Test: Sectors of the Indian Economy (Hard) - Question 17

Which one of the following sectors is associated with the manufacturing industries?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 17
The secondary sector covers activities in which natural products are transformed into other forms through ways of manufacturing that are associated with industrial activity.

Test: Sectors of the Indian Economy (Hard) - Question 18

Which of the following statements is/are correct about the Sampoorna Grameen Rozgar Yojana?

(A) The scheme was launched in 2001 by merging some of the schemes running that time.

(B) In this scheme, preference is given to Below Poverty Line families for the jobs.

(C) The wages under the scheme are paid partly in cash and partly by giving food grains.

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 18
Sampoorna Grameen Rojgar Yojana(SGRY): The ongoing schemes - The Employment Assurance Scheme(EAS) and the Jawahar Gram Samridhi Yojana(JGSY) were merged into the Sampoorna Grameen Rojgar Yojana(SGRY) on September 25, 2001..

Test: Sectors of the Indian Economy (Hard) - Question 19

Workers in the sector do not produce goods.

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 19
The activities generate services rather than goods, the tertiary sector is also called the service sector.

Test: Sectors of the Indian Economy (Hard) - Question 20

Formal sources of credit do not include which of the following ?

Detailed Solution for Test: Sectors of the Indian Economy (Hard) - Question 20

Formal sources of credit do not include Employers.

 

 

 

 

 

 

 

 

 

 

 

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