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Sectors of the Indian Economy Test - 12

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Sectors of the Indian Economy Test - 12
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Weekly Quiz Competition
  • Question 1
    1 / -0
    As development of country takes place, share of which sector rises?
    Solution
    As the economy grows, the workforce starts shifting from the primary sector to secondary and tertiary sectors of the economy. Hence, the percentage of the population in the secondary and tertiary sectors increased in recent times. Hence, as the development of country takes place, the share of secondary and tertiary sector rises.
  • Question 2
    1 / -0
    Employment in small industry sector has been _______.
    Solution
    Employment in small industry sector has been nearly 50% of total industrial employment. Small industry forms a part of secondary sector of the economy.
  • Question 3
    1 / -0
    Occupational structure refers to ___________.
    Solution
    Occupational structure refers to distribution of working force among the different occupations. Occupational structure is classified on the basis of the skill level and economic status.
  • Question 4
    1 / -0
    In India, contribution of agriculture to GDP (in percentage terms) has ____________ from period of independence to the current date.
    Solution
    In India, percentage of population employed in Agriculture has decreased from period of independence to the current date since with the rise in demand for goods and services produced by secondary and tertiary sector, workforce of primary sector starts decreasing and as a result, the GDP from agricultural sector also gets reduced from the period of Independence to the current date.
  • Question 5
    1 / -0
    At the time of independence nearly 76% of the population was dependent on agriculture sector, by 2009-10 this shifted to approximately ________.
    Solution
    At the time of independence nearly 76% of the population was dependent on agriculture sector, by 2009-10 this shifted to approximately 50%. As the economy grows, the workforce starts shifting from the primary sector to secondary and tertiary sectors of the economy. Hence, the percentage of the population in the primary sector decreased in recent times.
  • Question 6
    1 / -0
    Which of the following statements is correct?
    Solution
    The correct statement is that service sector contributes more than half (exactly 55.7% in 201112) of the GDP of India. While, India has many tourist attractions and economic growth leads to growth of agricultural sector followed by industrial sector and then the service sector.
  • Question 7
    1 / -0
    In India, Contribution of Agriculture to GDP (in absolute amount terms) has ____________ from period of independence to the current date.
    Solution
    In India, absolute number of people employed in Agriculture had increased from the period of independence as the population of India has increased in a high rate. But the percentage of population employed in agricultural sector has decreased. Hence the contribution of agriculture to GDP in absolute terms has also increased from the period of independence to the current date.
  • Question 8
    1 / -0
    The share of agriculture in India's national income has _____________ over the years.
    Solution
    In India, share of agriculture in national income has decreased from period of independence to the current date since with the rise in demand for goods and services produced by secondary and tertiary sector, workforce of primary sector starts decreasing and as a result, the GDP from agricultural sector also gets reduced from the period of Independence to the current date.
  • Question 9
    1 / -0
    Agriculture sector contributes around 55% of GDP in 1950-51, which has come down to _________ % in 2011-12.
    Solution
    Agriculture sector contributes around 55% of GDP in 1950-51, which has come down to 14% in 2011-12. Agriculture is included inn the primary sector of the economy. This sector employs bout 50% of the population of India.
  • Question 10
    1 / -0
    The share of Industry Sector to GDP is showing _________ trend.
    Solution
    The share of Industry Sector to GDP is showing increasing trend, as the economy is growing. Industry sector is also known as secondary sector of the economy.  Secondary sector deals with manufacturing sector, industry sector and the construction activities.
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