Economics MCQ Quiz Hub

1. Which of the following activities does not belong to the primary sector?
Fishing
Banking
Mining
Forestry

2. Which of the following sectors is the largest employer in India?
Primary Sector
Secondary Sector
Tertiary Sector
IT Sector

3. The task of measuring GDP is undertaken by the
central government
state government
provincial government
all of the above

4. Life insurance is an activity of the
primary sector
secondary sector
service sector
none of the above

5. The motive of the public sector en terprises is
profit making
entertainment
social welfare and security
none of the above

6. 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.

7. 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

8. 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

9. 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

10. 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

11. The money value of all final goods and services produced within a country during a particular year is called:
Gross domestic product
Net domestic product
National product
Production of secondary sector

12. What is meant by GDP?
Gross Dairy Product
Gross Domestic Product
Great Development Project
Great Domestic Product

13. Agriculture, dairy farming are activities belonging to which of the following sectors?
Primary
Secondary
Tertiary
Scientific technology

14. Which of the following is not applicable for a worker, who works in the organised sector?
She gets a regular salary at the end of the month
She is not paid for leave
She gets medical allowance
She got an appointment letter stating the terms and conditions of work when she joins work.

15. The motive of public sector enterprises is:
Profit making
Entertainment
Social welfare and security
None of the above

16. Which one of the following economic activities is not in the tertiary sector?
Banking
Bee keeping
Teaching
Working in a call centre

17. The service sector includes activities such as
agriculture, dairy, fishing and forestry
making sugar, gur and bricks
transport, communication and banking
none of these

18. The service sector includes activities such as
agriculture, dairy, fishing and forestry
making sugar, gur and bricks
transport, communication and banking
none of these

19. Which of the following types of activities are covered in the secondary sector?
It generates services rather than goods.
Natural products are changed through manufacturing
Goods are produced by exploiting natural resources
It includes agriculture, forestry and dairy.

20. As per NREGA 2005 (National Rural Employment Guarantee Act 2005) the number of days of employment guaranteed by government is
100 days
80 days
150 days
120 days

21. Information and communication technology is associated with
primary sector
secondary sector
tertiary sector
none of the above

22. In which sector activities are not guided by profit motive?
organised sector
public sector
private sector
unorganised sector

23. Manufacturing sector is associated with
primary sector
secondary sector
tertiary sector
private sector

24. Primary sector is related to
agriculture
dairy, forestry
fishing, mining
all the above

25. Who carries economic activities?
individuals
firms
government
all the above