Indian Economy & Financial system - Mod A - Unit 2 - Sectors of the Indian Economy Flashcards
Agriculture, Fishing and forestry comes under which sector?
Primary
Sector -> Processing of raw materials extracted from the primary sector
Secondary
Agriculture, forestry and fishing comes under which sector
Primary
An industrial economy is one, in which, the secondary sector generates at least _______ % of a country’s national GDP and employment.
50
An ___________ economy exists when the agriculture sector (one of the key sectors) provides at least 50 per cent of a country’s national revenue and livelihood.
agrarian
Education, Healthcare, Banking, Communication etc comes under
Tertiary sector
Industrial sector is ____
Secondary sector
Sector -> teaching, research, and development.
Quaternary sector
Sector which includes all those economic activities where there is the direct use of natural resources -
Primary Sector
Tertiary sector subsectors are
Quaternary and Quinary sectirs
This group includes employees in office buildings, elementary schools and university classrooms, hospitals and physicians’ offices, theatres, accountancy and brokerage businesses, and so on.
Quaternary sector
Which sector is by far the most important in assessing the strength of an economy’s human resources.
Quaternary sector
The intellectual aspect of the economy is represented by the ________ sector.
quaternary
‘knowledge’ sector
Quaternary sector
Sector -> highest level of decision makers in governments (including their bureaucracy) and the private corporate sector.
Quinary Sector
The number of people participating in this sector is quite small, yet they are regarded the “brain” behind an economy’s socioeconomic performance..
