Choose the correct option:
Question 1.
Which of the following activities does not belong to the primary sector?
(a) Fishing
(b) Banking
(c) Mining
(d) Forestry
Answer
Answer: (b) Banking
Question 2.
Which of the following sectors is the largest employer in India?
(a) Primary Sector
(b) Secondary Sector
(c) Tertiary Sector
(d) IT Sector
Answer
Answer: (a) Primary Sector
Question 3.
The task of measuring GDP is undertaken by the
(a) central government
(b) state government
(c) provincial government
(d) all of the above
Answer
Answer: (a) central government
Question 4.
Life insurance is an activity of the
(a) primary sector
(b) secondary sector
(c) service sector
(d) none of the above
Answer
Answer: (c) service sector
Question 5.
The motive of the public sector en terprises is
(a) profit making
(b) entertainment
(c) social welfare and security
(d) none of the above
Answer
Answer: (c) social welfare and security
Question 6.
How do big private companies contribute in the development of a nation?
(a) By increasing the demands for their products through advertisements.
(b) By increasing their profits.
(c) By increasing productivity of the country in the manufacturing of industrial goods.
(d) By providing private hospital facilities for the rich.
Answer
Answer: (c) By increasing productivity of the country in the manufacturing of industrial goods.
Question 7.
Which sector has emerged as the largest producing sector in India. Select one from the following alternatives:
(a) Secondary sector
(b) Tertiary sector
(c) Primary sector
(d) Science and Technology sector
Answer
Answer: (b) Tertiary sector
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?
(a) 200 days
(b) 100 days
(c) 30 days
(d) 60 days
Answer
Answer: (b) 100 days
Question 9.
Which of the following examples does not fall under unorganized sector?
(a) A farmer irrigating his field.
(b) A daily wage labourer working for a contractor.
(c) A doctor in a hospital treating a patient.
(d) A handloom weaver working on a loom in her house.
Answer
Answer: (c) A doctor in a hospital treating a patient.
Question 10.
Employment figures of a country are based on data collected from 5-yearly survey on employment and unemployment. Which organisation conducts this survey?
(a) NSSO – National Sample Survey Organisation
(b) NREGA 2005 – National Rural Employment Guarantee Act, 2005
(c) ILO – International Labour Organisation
(d) Census of India
Answer
Answer: (b) NREGA 2005 – National Rural Employment Guarantee Act, 2005
Question 11.
The money value of all final goods and services produced within a country during a particular year is called:
(a) Gross domestic product
(b) Net domestic product
(c) National product
(d) Production of secondary sector
Answer
Answer: (a) Gross domestic product
Question 12.
Which of the following economic activity does not come under the primary sector?
(a) Fishing
(b) Farming
(c) Mining
(d) Banking
Answer
Answer: (d) Banking
Question 13.
Which of the following activities is not the activity of Primary Sector?
(a) Milking
(b) Fishing
(c) Making of sugar
(d) Farming
Answer
Answer: (c) Making of sugar
Question 14.
What is meant by GDP?
(a) Gross Dairy Product
(b) Gross Domestic Product
(c) Great Development Project
(d) Great Domestic Product
Answer
Answer: (b) Gross Domestic Product
Question 15.
Agriculture, dairy farming are activities belonging to which of the following sectors?
(a) Primary
(b) Secondary
(c) Tertiary
(d) Scientific technology
Answer
Answer: (a) Primary
Question 16.
Which of the following is not applicable for a worker, who works in the organised sector?
(a) She gets a regular salary at the end of the month
(b) She is not paid for leave
(c) She gets medical allowance
(d) She got an appointment letter stating the terms and conditions of work when she joins work.
Answer
Answer: (b) She is not paid for leave
Question 17.
The motive of public sector enterprises is:
(a) Profit making
(b) Entertainment
(c) Social welfare and security
(d) None of the above
Answer
Answer: (c) Social welfare and security
Question 18.
Which one of the following economic activities is not in the tertiary sector?
(a) Banking
(b) Bee keeping
(c) Teaching
(d) Working in a call centre
Answer
Answer: (b) Bee keeping
Question 19.
The service sector includes activities such as
(a) agriculture, dairy, fishing and forestry
(b) making sugar, gur and bricks
(c) transport, communication and banking
(d) none of these
Answer
Answer: (c) transport, communication and banking
Question 20.
Which of the following types of activities are covered in the secondary sector?
(a) It generates services rather than goods.
(b) Natural products are changed through manufacturing.
(c) Goods are produced by exploiting natural resources.
(d) It includes agriculture, forestry and dairy.
Answer
Answer: (b) Natural products are changed through manufacturing.
Question 21.
As per NREGA 2005 (National Rural Employment Guarantee Act 2005) the number of days of employment guaranteed by government is
(a) 100 days
(b) 80 days
(c) 150 days
(d) 120 days
Answer
Answer: (a) 100 days
Question 22.
Information and communication technology is associated with
(a) primary sector
(b) secondary sector
(c) tertiary sector
(d) none of the above
Answer
Answer: (c) tertiary sector
Question 23.
In which sector activities are not guided by profit motive?
(a) organised sector
(b) public sector
(c) private sector
(d) unorganised sector
Answer
Answer: (b) public sector
Question 24.
Manufacturing sector is associated with
(a) primary sector
(b) secondary sector
(c) tertiary sector
(d) private sector
Answer
Answer: (b) secondary sector
Question 25.
Primary sector is related to
(a) agriculture
(b) dairy, forestry
(c) fishing, mining
(d) all the above
Answer
Answer: (d) all the above
Question 26.
Who carries economic activities?
(a) individuals
(b) firms
(c) government
(d) all the above
Answer
Answer: (d) all the above
Question 27.
The economy is classified into public and private sectors on the basis of :
(a) employment conditions
(b) the nature of economic activity
(c) ownership of enterprises
(d) number of workers employed in the enterprise
Answer
Answer: (c) ownership of enterprises
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