Economics Practice Quiz 36

Q1.What is stated about the majority of people working in the unorganised sectors?

A. They receive higher wages than those in the organised sector. B. They require less government intervention. C. Protection is necessary for them. D. They contribute the most to the country's GDP.

Q2.In the service sector, how has employment changed in comparison to production?

A. has increased to the same extent as production B. has not increased to the same extent as production C. has decreased significantly while production increased D. has remained stagnant despite production growth

Q3.Workers in which of the following sectors primarily do not produce goods?

A. primary sector B. secondary sector C. tertiary sector D. agricultural sector

Q4.In which sector do most of the workers enjoy job security?

A. unorganised sector B. organised sector C. agricultural sector D. private sector

Q5.What proportion of labourers in India are working in the unorganised sector?

A. a small proportion B. a large proportion C. an insignificant proportion D. a negligible proportion

Q6.How are cotton and cloth classified based on their product type?

A. Cotton is a manufactured product and cloth is a natural product. B. Both cotton and cloth are natural products. C. Cotton is a natural product and cloth is a manufactured product. D. Both cotton and cloth are manufactured products.

Q7.What is the relationship between the activities in primary, secondary, and tertiary sectors?

A. They are independent of each other. B. They are interdependent. C. They are competitive. D. They are mutually exclusive.

Q8.On what basis are sectors classified into public and private sectors?

A. employment conditions B. the nature of economic activity C. ownership of enterprises D. number of workers employed in the enterprise

Q9.Production of a commodity, mostly through the natural process, is an activity primarily associated with which sector?

A. primary sector B. secondary sector C. tertiary sector D. information technology sector

Q10.GDP (Gross Domestic Product) represents the total value of what, produced during a particular year?

A. all goods and services B. all final goods and services C. all intermediate goods and services D. all intermediate and final goods and services

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Economics Practice Quiz 36