Sectors of the Indian Economy Test

Result

Sectors of the Indian Economy Test - 10

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Weekly Quiz Competition

Question 1
1 / -0

The purpose of employment assurance scheme under MGNREGA was?

A
To provide $$100$$ days employment for unskilled manual worker.

B
To provide employment for skilled labour.

C
To give basic food for people below poverty line.

D
To provide housing facility for people below poverty line.

Solution

The purpose of employment assurance scheme was to provide 100 days employment for unskilled manual worker. Employment is provided to those persons who are willing to work, but could not find it. Employment assurance scheme aims to provide gainful employment.
Question 2
1 / -0

Which of these can be an indicator of economic growth for a country?

A
Balance of payment position

B
Increase in government spending on defence

C
increase in labour productivity

D
demographic changes.

Solution

Labour productivity refers to the ability of the workers to produce more goods and services in an economy. Labour productivity can be increased with regular training. Economic growth is a phenomenon where there is an increase in the inflation adjusted market prices of goods and services in an economy.
Question 3
1 / -0

We know that the industrial sector plays an important role in the development of India. Which sector does not come under industrial sector?

A
Mining

B
Manufacturing

C
Banking

D
Utilities

Solution

Banking belongs to service sector.
Question 4
1 / -0

The labour sector is divided as ___________ sectors.

A
Primary, Secondary and Tertiary

B
Organised and Unorganised

C
Both A and B

D
None

Solution

Labour market is a place where employee and workers come in direct contact with each other. The labor sector is divides into followings:

1) Organised sector in India refers to licensed organisations, that is, those who are registered and par GST. These include the publicly traded companies, incorporated or formally registered entities etc.

2) Unorganized sector, also known as own account enterprises, refers to all unlicensed, self-employed or unregistered economic activity such as owner manned general stores, handicrafts and handloom workers, rural traders, farmers, etc.

3) The primary sector is directly concerned with natural resources of the country. Agricultural, forestry, fishing and mining constitute the primary sector.

4) The Secondary sector consists of the industrial sector, engaged in construction activities and manufacturing of finished goods and tangible products.

5) The Tertiary sector is intangible in nature, concentrating on the services sector. This sector consists of provision of services such as education, medical, hotel and finance needed by the consumers.
Question 5
1 / -0

The plans in Swaran Jayanti Rozgar, which began in Dec, $$1997$$, were ?

A
Urban wage employment programme

B
Nehru rozgar yozna

C
Urban self employment programme

D
Both a & c

Solution

Swarna Jayanti Rozgar helps to provide gainful employment to underemployed and unemployed urban civilians. The plans in Swaran Jayanti Rozgar, which began in December, 1997, were:
a) Urban wage employment programme
b) Urban self employment programme.
Question 6
1 / -0

Which of the following occupied the highest place in growth rate during the $$10th$$ Plan period $$2002-2007$$?

A
Agricultural Sector

B
Service Sector

C
industrial Sector

D
mining

Solution

Service sector occupied the highest place in growth rate during the 10th plan period 2002-2007. Service sector is also known as tertiary sector. As India is progressing, the share of agricultural sector decreases and the share of service sector increases.
Question 7
1 / -0

The robust increase of employment in $$1990-2005$$ was of no use because.

A
Growth was in the unorganized sector

B
It was mainly in low productivity self employment

C
There was a decline in rural male agricultural labour

D
Both a & b

Solution

The robust increase of employment in1990-2005 was of no use because of two reasons:
a) Growth was in the unorganized sector. Unorganized sector refer to those sectors where employment terms are not fixed.b) It was mainly in low productivity self employment.
Question 8
1 / -0

In agricultural sector net value added is estimated by _________.

A
income method

B
production method

C
both (A) & (B)

D
survey method

Solution

In agricultural sector net value added is estimated by production method. Net value added is calculated by adding up all outputs and subtracting all intermediate inputs, in agricultural sector. This method of calculation of net value added is known as production method.
Question 9
1 / -0

The ___________ sector of work is that sector where legal provisions do not completely govern.

A
Organised

B
Primary

C
Seconday

D
Unorganised

Solution

The unorganised sector of work is that sector of work is that sector where legal provisions do not completely govern. Unorganised sector, also known as own account enterprises, refers to all unlicensed, self-employed or unregistered economic activity such as owner manned general stores, handicrafts and handloom workers, rural traders, farmers, etc.
Question 10
1 / -0

In India, Agriculture contributes nearly _______ of the country's GDP.

A
Less than 10%

B
Nearly 14%

C
Nearly 50%

D
Nearly 75%

Solution

Agriculture is a part of the primary sector of the economy. In India, agriculture contributes nearly 14% of the country's GDP. This sector employs about 50-60% of the Indian population.

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Re-Attempt Weekly Quiz Competition

Sectors of the Indian Economy Test - 10

Result

Sectors of the Indian Economy Test - 10

Score

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Rank

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SHARING IS CARING

Question 1

To provide $$100$$ days employment for unskilled manual worker.

To provide employment for skilled labour.

To give basic food for people below poverty line.

To provide housing facility for people below poverty line.

Solution

Question 2

Balance of payment position

Increase in government spending on defence

increase in labour productivity

demographic changes.

Solution

Question 3

Mining

Manufacturing

Banking

Utilities

Solution

Question 4

Primary, Secondary and Tertiary

Organised and Unorganised

Both A and B

None

Solution

Question 5

Urban wage employment programme

Nehru rozgar yozna

Urban self employment programme

Both a & c

Solution

Question 6

Agricultural Sector

Service Sector

industrial Sector

mining

Solution

Question 7

Growth was in the unorganized sector

It was mainly in low productivity self employment

There was a decline in rural male agricultural labour

Both a & b

Solution

Question 8

income method

production method

both (A) & (B)

survey method

Solution

Question 9

Organised

Primary

Seconday

Unorganised

Solution

Question 10

Less than 10%

Nearly 14%

Nearly 50%

Nearly 75%

Solution

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