10 Class Social Science Economics Ch 2 Sectors of Indian Economy MCQ Questions with Answer

 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

Answer

Answer: d


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

Answer

Answer: c


3. 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


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.

Answer

Answer: a


5. Which of the following is included in tertiary sector?
(a) ATM booths
(b) Call centres
(c) Internet cafe
(d) All of them

Answer

Answer: d


6. Government owns most of the assets and provides all the services:
(a) Private Sector
(b) Public Sector
(c) Organised Sector
(d) Tertiary Sector

Answer

Answer: b


7. The value of all final goods and services produced within a country during a particular year is called as:
(a) Gross Domestic Product
(b) Net Domestic Product
(c) National Product
(d) Production of Tertiary Sector

Answer

Answer: a


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

Answer

Answer: b


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

Answer

Answer: c


10. Central government in India made a law, implementing the Right to Work in how many districts of India?
(a) 150 districts
(b) 200 districts
(c) 250 districts
(d) 625 districts

Answer

Answer: d


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.

Answer

Answer: a


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

Answer

Answer: b


13. Identify the natural product from the list of items given below:
(a) Textile
(b) Wheat flour
(c) Cotton
(d) Tomtao sauce

Answer

Answer: c


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.

Answer

Answer: c


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.

Answer

Answer: c


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

Answer

Answer: b


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.

Answer

Answer: c


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

Answer

Answer: b


19. Where will you find the disguised unemployment most? Select the correct option from those given below:
(a) Among agricultural workers working for small farm lands
(b) Among part-time industrial workers
(c) In most of the government offices
(d) In big private companies

Answer

Answer: a


20. 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


21. ____________ refers to the activities which are undertaken by people with the object of earning money.

Answer/Explanation

Answer:
Explanation: Economic activities


22. A housewife looking after the household is an example of ____________ .

Answer/Explanation

Answer:
Explanation: non-economic activities


23. All goods which are used as raw material for further production of other goods or for resale in the same year are called ____________ .

Answer/Explanation

Answer:
Explanation: intermediate goods


24. The Act guaranteed 100 days of employment in a year or unemployment allowances to the people should be provided by the government is known as ____________ .

Answer/Explanation

Answer:
Explanation:
Mahatma Gandhi National Rural Employment Guarantee Act 2005 (MGNREGA 2005)


25. ____________ sector is governed by various laws such as Factories Act, Minimum Wages Act etc.

Answer/Explanation

Answer:
Explanation: Organised


26. ____________ includes production by exploiting natural resources.

Answer/Explanation

Answer:
Explanation: Primary sector


27. ____________ and ____________ are the two factors of production.

Answer/Explanation

Answer:
Explanation: Capital; labour


28. There is no provision for overtime, paid leave, holidays etc. in unorganized sector. (True/False)

Answer/Explanation

Answer:
Explanation:
True, as the jobs are not regular and lack in security.


29. The objective of public sector is to maximize profits. (True/False)

Answer/Explanation

Answer:
Explanation:
False, as the objective of public sector is to promote public welfare and not to maximize profits.


30. Railways comes under public sector. (True/False)

Answer/Explanation

Answer:
Explanation:
True, as the government owns them.



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MCQ Questions for Chapter 6 Political Parties

MCQ Questions for Chapter 7 Outcomes of Democracy

MCQ Questions for Chapter 8 Challenges to Democracy

 

Geography Contemporary India II

MCQ Questions for Chapter 1 Resource and Development

MCQ Questions for Chapter 2 Forest and Wildlife Resources

MCQ Questions for Chapter 3 Water Resources

MCQ Questions for Chapter 4 Agriculture

MCQ Questions for Chapter 5 Minerals and Energy Resources

MCQ Questions for Chapter 6 Manufacturing Industries

MCQ Questions for Chapter 7 Lifelines of National Economy

 

 

Economics Understanding Economic Development

Chapter 1:- Development

Chapter 2:- Sectors of Indian Economy

Chapter 3:- Money and Credit

Chapter 4:- Globalisation and The Indian Economy

Chapter 5:- Consumer Rights

 

History – India and the Contemporary World-II

MCQ Questions for Chapter 1 The Rise of Nationalism In  Europe

MCQ Questions for Chapter 2 Nationalism in India

MCQ Questions for Chapter 3 The Making of Global World

MCQ Questions for Chapter 4 The Age of Industrialisation

MCQ Questions for Chapter 5 Print Culture and the Modern world

 

Pol Science – Democratic Politics II

MCQ Questions for Chapter 1 Power Sharing

MCQ Questions for Chapter 2 Federalism

MCQ Questions for Chapter 3 Democracy and Diversity

MCQ Questions for Chapter 4 Gender Religion and Caste

MCQ Questions for Chapter 5 Popular Struggles and Movements

MCQ Questions for Chapter 6 Political Parties

MCQ Questions for Chapter 7 Outcomes of Democracy

MCQ Questions for Chapter 8 Challenges to Democracy

 

Geography Contemporary India II

MCQ Questions for Chapter 1 Resource and Development

MCQ Questions for Chapter 2 Forest and Wildlife Resources

MCQ Questions for Chapter 3 Water Resources

MCQ Questions for Chapter 4 Agriculture

MCQ Questions for Chapter 5 Minerals and Energy Resources

MCQ Questions for Chapter 6 Manufacturing Industries

MCQ Questions for Chapter 7 Lifelines of National Economy

 

 

Economics Understanding Economic Development

Chapter 1:- Development

Chapter 2:- Sectors of Indian Economy

Chapter 3:- Money and Credit

Chapter 4:- Globalisation and The Indian Economy

Chapter 5:- Consumer Rights

 


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