CBSE Questions for Class 10 Economics Sectors Of The Indian Economy Quiz 1 - MCQExams.com

This kind of Underemployment is hidden in contrast to someone who does not have a job and is clearly visible as unemployed. It is also called _______
  • Seasonal employment
  • Disguised unemployment
  • Unstable employment
  • Less employment
Employment in the service sector increased to the same extent as production.
  • True
  • False
In terms of GDP the share of tertiary sector in 2003 is _________.
  • between 20 per cent to 30 per cent
  • between 30 per cent to 40 per cent
  • between 50 per cent to 60 per cent
  • 70 per cent
Which among the following statements is/are true about MGNREGA 2005?
  • MGNREGA ensures Right to work
  • 100 days of guaranteed employment in a year is provided by the government.
  • If the government fails in its duty to provide employment, it will give unemployment allowances to the people.
  • All of the above
It has been noted from the histories of many, now developed, countries that at initial stages of development ____________ sector was the most important sector of economic activity.
  • Public
  • Tertiary
  • Secondary
  • Primary
The____________is characterized by small and scattered units which are largely outside the control of the government.
  • Primary sector
  • Organised Sector
  • Unorganised Sector
  • Tertiary Sector
The secondary sector is also called __________
  • Organised sector
  • Service sector
  • Industrial sector
  • Public sector
Choose the odd one out from the following:
  • Tourist Guide
  • Dhobi
  • Tailor
  • Potter
___________ is the total sum of the value of the final goods and services of the Primary, Secondary and Tertiary sectors of the economy of a country produced during a year.
  • Gross income
  • Gross Domestic Product
  • Net Domestic Product
  • Net income
Which of the following sector contributes the most towards the GDP in India?
  • Primary
  • Secondary
  • Tertiary
  • None of the above
The total production of a year for a particular sector is calculated from ______.
  • the value of goods calculated separately at all stages of production in that sector
  • the value of final goods produced in that sector
  • the value of final goods and services produced in all the sector
  • the value of final goods and services produced in the three sectors
What is the contribution of industries in India's GDP?
  • 19%
  • 27%
  • 39%
  • 46%
Till 2000, which sector has been the largest employer?
  • Service sector.
  • Primary sector.
  • Secondary sector.
  • Tertiary sector.
Under which range, India lies in terms of Nominal GDP?
  • 1 to 5
  • 6 to 10
  • 10 to 15
  • None of the above
Which sector contributes most to the GDP of India?
  • Primary sector
  • Secondary sector
  • Service sector
  • None of the above
When was the "Mahatma Gandhi National Rural Employment Guarantee Act" passed?
  • 2001
  • 2003
  • 2005
  • 2007
In terms of GDP, the share of primary sector in 2003 was about ___ percent.
  • 20
  • 25
  • 50
  • 55
Who is responsible for measuring the GDP in India?
  • State government
  • Central government
  • World bank with the help of the central government
  • Central government with the help of state governments and union territories
When more people are engaged in a work than required what does it indicate?
  • Unemployment
  • Over employment
  • Disguised employment
  • Surplus employment
Which of the following statements about agricultural sector in the economy of India is/are correct?
A) Agricultural growth has reduced poverty of the people locally and, through its external effects, also in many other parts of the country.
B) Food and nutrition security in the country has increased substantially.
C) The area of cultivation has increased in recent past as agriculture has become a full-time employment for the people, which was not so a few years back.
  • Only (A)
  • Only (B)
  • Only (C)
  • Both (A) and (B) only
Which of the following scheme has NOT been launched to provide any type of employment to beneficiaries?
  • Pradhan Mantri Gram Sadak Yojana
  • Mid Day Meal Scheme
  • National Food for Work Programme
  • All are employment-generating schemes
GDP is the total value of _________ produced during a particular year.
  • all goods and services
  • all final goods and services
  • all intermediate goods and services
  • all intermediate and final goods and services
The National Development Fund was created by the Government of India a few years ago. What was the purpose of the fund?
(A) To boost investment in social sector projects to promote education, healthcare, and employment.
(B) To make capital investments in selected profitable PSEs to yield adequate returns.
(C) To fund revision in the pay structure of Central Government employees.
  • Only (A)
  • Only (B)
  • Only (C)
  • Both (A) and (B)
In India, the share of agriculture in GDP has declined at a very fast rate in the recent years. This is due to _____________.
  • lack of diversification of rural economy
  • slow growth in the prices of agriculture commodities
  • saturation of employment opportunities in the agriculture sector
  • very slow growth rate of agriculture and a fast rate of growth of other sectors
Who measures the GDP in India?
  • State government
  • Central government
  • World Bank with the help of the central government
  • Central government with the help of state governments
A major financial newspaper while writing about the present status of the economy in India write, "The outlook in the agricultural sector gives room for optimism". What does it really mean ? [Pick up the most appropriate statement(s).]
A) The agricultural sector, which was not playing any significant role in the Indian economy, is now growing very fast and significantly.
B) The agricultural sector is not going to play any major role in the economy as its progress is still very slow.
C) Govt will not require to provide any boost-up package to the agricultural sector as it is likely to be satisfactory this year.
  • Only A
  • Only B
  • Only C
  • Either A or C
Under milk development plans ___________ people were provided employment.
  • $$54$$ lakh people got employment
  • $$100$$ lakh people got employment $$1$$ lakh people got employment
  • $$10$$ lakh people got employment
  • None of these.
The purpose of employment assurance scheme under MGNREGA was?
  • To provide $$100$$ days employment for unskilled manual worker.
  • To provide employment for skilled labour.
  • To give basic food for people below poverty line.
  • To provide housing facility for people below poverty line.
Who wrote"Das Capital'?
  • Karl Marx
  • Jawaharlal Nehru
  • Lenin
  • R.K. Narayanan.
Which of these can be an indicator of economic growth for a country?
  • Balance of payment position
  • Increase in government spending on defence
  • increase in labour productivity
  • demographic changes.
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