The sectors are classified into public and private sector on the basis of :
  • Employment conditions
  • The nature of economic activities
  • Number of workers employed
  • Ownership of enterprises3
When we produce a good by exploiting natural resources, it is an activity of the:
  • Secondary sector
  • Tertiary sector
  • Primary sector
  • Organised sector
The service sector includes activities such as:
  • agriculture, dairy, fishing and forestry
  • making sugar, gur and bricks
  • transport, communication and banking
  • None of these
Choose the correct meaning of organised sector:
  • It covers those enterprises where the terms of employment are regular.
  • It is outside the control of the government.
  • Jobs are not regular.
  • It provides low salaries.
Which of the following is included in tertiary sector?
  • ATM booths
  • Call centres
  • Internet cafe
  • All of them
Government owns most of the assets and provides all the services:
  • Private Sector
  • Public Sector
  • Organised Sector
  • Tertiary Sector
The value of all final goods and services produced within a country during a particular year is called as:
  • Gross Domestic Product
  • Net Domestic Product
  • National Product
  • Production of Tertiary Sector
A situation in which more persons are employed on a job than are optimally required is:
  • Structural unemployment
  • Disguised unemployment
  • Cyclical unemployment
  • Seasonal unemployment
Out of 200 million children in the school going age group, how many are attending schools?
  • One-fourth
  • Half
  • Two-thirds
  • One-fifth
Central government in India made a law, implementing the Right to Work in how many districts of India?
  • 150 districts
  • 200 districts
  • 250 districts
  • 625 districts
GDP stands for Gross Domestic Product. What does it show? Pick up the correct statement given below:
  • It shows how big is the economy of a country in a given year in terms of its total output.
  • It shows what the total product of a country in a given year without counting the country's total resources.
  • It shows the number of people involved in production in a particular year.
  • It shows the total value of trade trans-actions of a country in a particular year.
Employment figures of a country are based on data collected from 5-yearly survey on employment and unemployment. Which organisation conducts this survey?
  • NSSO—National Sample Survey Organisation
  • NREGA 2005—National Rural Employment Guarantee Act, 2005
  • ILO — International Labour Organisation
  • Census of India
Identify the natural product from the list of items given below:
  • Textile
  • Wheat flour
  • Cotton
  • Tomtao sauce
Which of the following examples does not fall under unorganized sector?
  • A farmer irrigating his field.
  • A daily wage labourer working for a contractor.
  • A doctor in a hospital treating a patient.
  • A handloom weaver working on a loom in her house.
Identify the correct answer from the alternatives provided.
  • The government
  • Private company
  • A cooperative society
  • Jointly by private companies and the govt.
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?
  • 200 days
  • 100 days
  • 30 days
  • 60 days
Choose one correct statement from the following:
  • when people are not willing to work.
  • when people are working slowly.
  • when people are working less than what they are capable of doing.
  • when people are not paid for their jobs.
Which sector has emerged as the largest producing sector in India. Select one from the following alternatives:
  • Secondary sector
  • Tertiary sector
  • Primary sector
  • Science and Technology sector
Where will you find the disguised unemployment most? Select the correct option from those given below:
  • Among agricultural workers working for small farm lands
  • Among part-time industrial workers
  • In most of the government offices
  • In big private companies
How do big private companies contribute in the development of a nation?
  • By increasing the demands for their products through advertisements.
  • By increasing their profits.
  • By increasing productivity of the country in the manufacturing of industrial goods.
  • By providing private hospital facilities for the rich.
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