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Economics - Sectors of the Indian Economy - Quiz 1
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Which sector directly extracts or produces raw materials from nature?
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1 point
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
What activities are included in the secondary sector?
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1 point
Agriculture and mining
Manufacturing and processing
Services and transportation
Research and development
Which sector provides services to support the primary and secondary sectors?
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1 point
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
What does GDP stand for?
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1 point
Global Domestic Product
Gross Domestic Product
General Development Progress
Government Domestic Plan
Which of the following is NOT considered when calculating a country's GDP?
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1 point
Final goods
Services
Intermediate goods
Agricultural produce
Historically, which sector was most important in the initial stages of economic development?
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1 point
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
What caused a shift from the primary to the secondary sector during economic development?
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1 point
Agricultural revolution
Industrial revolution
Green revolution
Digital revolution
In modern developed economies, which sector typically contributes the most to GDP?
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1 point
Primary sector
Secondary sector
Tertiary sector
Quaternary sector
What is the main aim of MGNREGA?
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1 point
To promote industrial growth
To guarantee employment in rural areas
To increase agricultural production
To boost exports
Which year was MGNREGA introduced?
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1 point
2000
2005
2010
2015
What is the minimum number of days of employment guaranteed under MGNREGA?
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1 point
50 days
100 days
150 days
200 days
Which of the following is a characteristic of the organized sector?
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1 point
No job security
No paid holidays
Fixed working hours
No pension benefits
In the unorganized sector, which of the following is typically NOT provided?
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1 point
Job security
Overtime pay
Flexible working hours
Direct employment
Why do people often work in the unorganized sector despite poor conditions?
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1 point
Higher salaries
Better job security
Lack of alternative opportunities
More holidays
Which sector is typically owned by individuals or groups?
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1 point
Public sector
Private sector
Joint sector
Cooperative sector
What is the primary goal of private sector companies?
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1 point
Provide public services
Maximize profit
Ensure employment
Environmental conservation
Which of the following is an example of a public sector entity?
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1 point
Tata Steel
Wipro
ICICI Bank
Indian Railways
What is the main source of funding for public sector services?
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1 point
Private investments
Foreign aid
Taxes
Corporate donations
Why is it challenging for the private sector to provide basic infrastructure services?
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1 point
Lack of expertise
High initial investment
Government regulations
Low demand
How does the government typically provide water compared to private companies?
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1 point
At a higher cost
Only to urban areas
Free or at a very low cost
On a monthly subscription basis
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