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ECONOMICS > sectors of indian economy > Flashcards

sectors of indian economy Flashcards

1
Q

Q1. Name one type of classification of the economy?

A. Urban
B. Rural
C. Public/private
D. state/national

A

C

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2
Q

Q2. Where are the employment and non-employment figures taken from to study the data?
A. Real-Time Handbook of Statistics on Indian Economy.
B. National Statistical Office (NSO)
C. NITI Aayog
D. Statistics information Bureau

A

B

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3
Q

Q3. What are the groups of classification of an economy called?

A. Sectors
B. Centers
C. Types
D. Categories

A

A

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4
Q

Q4. When we produce a good by exploiting natural resources it is called……..?

A. Tertiary sector
B. Primary sector
C. Service sector
D. Public sector

A

B

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5
Q

Q5. Which activities come under the agriculture and related sectors?

A. Dairy
B. Mineral excavation
C. using cotton fiber from the plant
D. Selling agricultural products in the market

A

A

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6
Q

Q6. What is the secondary sector?

A. production of a good by exploiting natural resources
B. activities in which natural products are changed into other forms through ways of manufacturing
C. activities, by themselves, do not produce a good but they are an aid or support for the production process.
D. Mineral excavation

A

B

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7
Q

Q7. Using sugarcane as raw material, we make sugar or gur, under what sector does this activity come?

A. Primary
B. Private
C. Industrial
D. Tertiary

A

C

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8
Q

Q8. Those activities, by themselves, do not produce a good but they are an aid or support for the production process, are called……….?

A. Primary
B. Private
C. Industrial
D. Tertiary

A

D

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9
Q

Q9. Name one functioning activity of the Tertiary sector?

A. goods that are produced would need to be transported by trucks or trains and then sold in wholesale and retail shops
B. this sector gradually became associated with the different kinds of industries
C. activities in which natural products are changed into other forms through ways of manufacturing
D. produce a good by exploiting natural resources

A

A

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10
Q

Q10. Which sector is also called the service sector?

A. Primary
B. Public
C. Industrial
D. Tertiary

A

D

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11
Q

Q11. The sum of production in the three sectors gives what is called the …………. of a country?

A. Gross income
B. Gross Domestic Product
C. Net Domestic Product
D. Net income

A

B

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12
Q

Q12. The value of final goods and services produced in each sector during a particular year provides the………..

A. Average Production of the sector for that year
B. Net Production of the sector for that year
C. Total production of the sector for that year.
D. Gross production of the sector for that year

A

C

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13
Q

Q13. ……………gradually became the most important in total production and employment?

A. Secondary sector
B. Tertiary sector
C. Public sector
D. Primary sector

A

A

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14
Q

Q14. Which one is a primary occupation?

A. Tailor
B. Basket weaver
C. Flower cultivator
D. Milk vendor

A

C

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15
Q

Q15. Not every good (or service) that is produced and sold needs to be counted. It makes sense only to include the ………… to get the total production?

A. values of goods and services in production
B. final goods and services
C. adding up the actual numbers of goods
D. goods and services in the three sectors

A

B

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16
Q

Q16. Give an example of an intermediate good?

A. Woven basket
B. Chair production from wood
C. Wheat flour
D. Biscuits

A

C

17
Q

Q17. It has been noted from the histories of many, now developed, countries that at initial stages of development, …………. sector was the most important sector of economic activity.

A. Public
B. Tertiary
C. Secondary
D. Primary

A

D

18
Q

Q18. As the methods of farming changed and the agriculture sector began to prosper, most of the goods produced were ………….. from the primary sector and most people were also employed in this sector?

A. Synthetic products
B. Involved machines
C. Natural products
D. Mixed products

A

C

19
Q

Q19. Why did the Secondary sector later become the most important sector?

A. People began to use many more goods that were produced in factories at cheap rates
B. Employment increased
C. Agriculture declined
D. A & B

A

D

20
Q

Q20. In developed countries, the ………… sector has become the most important in terms of total production.

A. Primary
B. Industrial
C. Service
D. Public

A

C

21
Q

Q21. In the data given of GDP, which was the most productive sector in 1974?

A. Primary
B. Tertiary
C. Secondary
D. Equal production

A

A

22
Q

Q22. The primary sector is also called…….?

A. Service sector
B. Agriculture and related sector
C. Pre- industry sector
D. Unorganized sector

A

B

23
Q

Q23. In the data given of GDP which was the most productive sector in 2013-14?

A. Primary
B. Tertiary
C. Secondary
D. Equal production

A

B

24
Q

Q24.The secondary sector is also called……..?

A. Organised sector
B. Service sector
C. Industrial sector
D. Public sector

A

C

25
Q

Q25. Which sector has grown the most over forty years?

A. Primary
B. Tertiary
C. Secondary
D. Equal production

A

B

26
Q

Q26. Which of these can be considered as basic services?

A. Growing of wheat
B. Transport
C. Storage
D. Police station

A

D

27
Q

Q27. Greater the development of the primary and secondary sectors, ……… would be the demand for such services?

A. Equal
B. More
C. Less
D. Uneven

A

B

28
Q

Q28. When income levels rise, certain sections of people start demanding many more services like………..

A. More food
B. Hospitals
C. Defense
D. Tourism

A

D

29
Q

Q29. Over the past decade or so, certain new services such as …………. have become important and essential?

A. private hospitals
B. professional training
C. information and communication technology
D. Insurance

A

C

30
Q

Q30. Underemployment is hidden in contrast to someone who does not have a job and is clearly visible as unemployed. It is also called ………………

A. Hidden employment
B. Disguised unemployment.
C. Unstable employment
D. Less employment

A

B

ECONOMICS (2 decks)

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