Question

hapter 2 Sectors of Indian Economy Very Short Revision Questions 1. The sectors are classified into public and private sector on the basis of : (a) Employment conditions (b) The nature of economic activities (c) Number of workers employed (d) Ownership of enterprises3 2. When we produce a good by exploiting natural resources, it is an activity of the: (a) Secondary sector (b) Tertiary sector (c) Primary sector (d) Organised sector 3. Define GDP 4. Choose the correct meaning of organised sector: (a) It covers those enterprises where the terms of employment are regular. (b) It is outside the control of the government. (c) Jobs are not regular. (d) It provides low salaries. 5. Which of the following is included in tertiary sector? (a) ATM booths (b) Call centres (c) Internet cafe (d) All of them 6. Government owns most of the assets and provides all the services: (a) Private Sector (b) Public Sector (c) Organised Sector (d) Tertiary Sector 7. Distinguish between ‘primary’ and ‘secondary’ sectors. 8. A situation in which more persons are employed on a job than are optimally required is: (a) Structural unemployment (b) Disguised unemployment (c) Cyclical unemployment (d) Seasonal unemployment 9. Out of 200 million children in the school going age group, how many are attending schools? (a) One-fourth (b) Half (c) Two-thirds (d) One-fifth 10. What is economic development? 11. GDP stands for Gross Domestic Product. What does it show? Pick up the correct statement given below: (a) It shows how big is the economy of a country in a given year in terms of its total output. (b) It shows what the total product of a country in a given year without counting the country’s total resources. (c) It shows the number of people involved in production in a particular year. (d) It shows the total value of trade trans-actions of a country in a particular year. 12. 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 13. The goods which are meant either for consumption by consumers or for investment by firms are called final goods. (True/False) 14. 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. 15. Identify the correct answer from the alternatives provided. Both Tisco and Reliance Industries are owned by : (a) The government (b) Private company (c) A cooperative society (d) Jointly by private companies and the govt. 16. 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 17. Choose one correct statement from the following: Underemployment occurs — (a) when people are not willing to work. (b) when people are working slowly. (c) when people are working less than what they are capable of doing. (d) when people are not paid for their jobs. 18. 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 19.____________ sector is governed by various laws such as Factories Act, Minimum Wages Act etc. 20. There is no provision for overtime, paid leave, holidays etc. in unorganized sector. (True/False) IF YOU KNOW THE RIGHT ANSWER THEN ONLY ANSWERS I DONT WANT WRONG ANSWERS AND OTHER COMMENT

Answer 1

Answer:

option

d

a

b

c

is the correct

answer

Answer 2

Explanation:

OPTION

D

A

B

C...

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