Sectors of Indian Economy Class 10 MCQs Questions with Answers
Question 1.
Which of the following statements is correct about the GDP?
(a) It shows how big the economy of a country is in terms of purchasing power.
(b) It shows the total product of a country in a given year without calculating the national income.
(c) It shows the number of people involved in production in the tertiary sector in a year.
(d) It shows the value of total goods and services produced in a country in a year.
Answer:
(d) It shows the value of total goods and services produced in a country in a year.
Related Theory
The purchasing power of a country depends upon the value of its currency and the power of its currency to buy commodities.
Question 2.
Which organization conducts a survey on employment and unemployment?
(a) NSSO
(b) NREGA
(c) ILO – International Labour Organisation
(d) NITI Aayog
Answer:
(a) NSSO
Explanation: The National Sample Survey Organisation takes a survey every 5 years and data is collated thereafter.
Question 3.
Identify which of these is a natural product?
(a) Clothes
(b) A Book
(c) Jute
(d) Apple Juice
Question 4.
Which of the following examples does not fall under the unorganized sector?
(a) A shoemaker mending shoes.
(b) A daily wage laborer working to build a house.
(c) An HR employee working for a software company.
(d) A cook cooking in the house of her boss.
Answer:
(c) An HR employee working for a software company.
Question 5.
Fill in the blank by choosing the most appropriate option:
…………….. owns the Reliance Industries.
(a) The government
(b) A private business or a group
(c) A Bank
(d) Jointly by private companies and the govt.
Answer:
(b) A private business or a group
Question 6.
Fill in the blank by choosing the most appropriate option:
NREGA (National Rural Employment Guarantee Act, 2005) has guaranteed ……………… days of employment in a year in many districts of India.
(a) 365 days
(b) 100 days
(c) 50 days
(d) 180 days
Answer:
(b) 100 days
Question 7.
…………..is also known as Underemployment.
(a) Disguised Employment
(b) Overemployment
(c) Visible Employment
(d) Extra Employment
Answer:
(a) Disguised Employment
Explanation: Disguised employment is when people having potential to do full time employment are under utilized.
Question 8.
Where will you find the disguised unemployment most? Select the correct option from those given below:
(a) Among agricultural workers working on self- owned small farm lands
(b) Factory workers
(c) Private company owners and employees
(d) Government officials
Answer:
(a) Among agricultural workers working on self-owned small farmlands Explanation: Almost all family works on these lands despite their size and this is why the productivity of these workers is less.
Question 9.
Choose the incorrect pair from the following:
table-1
Answer:
(c) Carpenter – Primary Sector
Explanation: Carpenter creates furniture out of wood and hence can be classified in the secondary sector. He produces goods by exploiting a natural resource. Both mailman and banking provide services classifying them as tertiary sector employees. Fisherman exploits natural water resources- the fishes and hence are workers of the primary sector.
Question 10.
Which is not a characteristic of an unorganized sector?
(a) Small and scattered units which are largely outside the control of the government
(b) Rules and regulations are not followed
(c) Jobs here are high-paid and often regular
(d) No provision for overtime, paid leave, holidays, medical leaves.
Answer:
(c) Jobs here are high-paid and often regular.
Question 11.
MGNREGA 2005 implements the …………… in about 625 districts of India.
(a) Right to Property
(b) Right to Education
(c) Right to Work
(d) Right to Life
Answer:
Question 12.
Which of the following profession belongs to the Tertiary Sector of the economy?
(a) Fisherman
(b) Farmer
(c) Woodcutter
(d) Teacher
Answer:
(d) Teacher
Question 13.
In which sector, do workers enjoy job security?
(a) Agriculture sector
(b) Private-sector
(c) Organised sector
(d) Unorganised sector
Answer:
(c) Organised sector
Explanation: Organised Sector includes industries, shops, factories and businesses registered with the government. They follow labor laws and other rules and regulations laid down by the government. They also provide job security, health care benefits and other incentives to its employees.
Related Theory
Agricultural Sector, Unorganised sector and Private Sector are all unregistered or not backed by the government and hence offer no job security or promise of a dignified life.
Question 14.
Which among the following most appropriately describes underemployment?
(a) Workers are not paid as per their work
(b) Workers are working less than what they are capable of doing
(c) Workers are unskilled
(d) Workers are not willing to work
Answer:
(b) Workers are working less than what they are capable of doing
Explanation: When workers are employed in larger numbers than they’re required, their effort becomes divided. This means that here people are apparently working but all of them are made to work less than their true potential, and removing some of them won’t affect production at all. This is underemployment.
Question 15.
Arrange the following in the correct sequence:
(i) Transporting cloth to the workshops
(ii) Sale in shops and showrooms
(iii) Spinning the yarn
(iv) Weaving of the fabric
Options:
(a) (i)-(iv)-(iii)-(iv)
(b) (iii)-(iv)-(i)-(ii)
(c) (iv)-(i)-(ii)-(iii)
(d) (iii)-(iv)-(ii)-(i)
Identify the following on basis of the hints given in each question.
Question 16.
Identify the sector:
(1) Sector is categorized based on types of activities
(2) Activities that are included in this sector are undertaken by directly using natural resources.
(3) Employed the most number of people in 2000
Answer:
Primary or the Agricultural sector
Question 17.
Identify the sector:
(1) Sector is categorized based on types of activities
(2) Activities which are included in this sector are services offered to professionals
(3) No good is produced
Answer:
Tertiary or the Service Sector
Question 18.
Identify the sector:
(1) Sector is categorized based on ownership of activities
(2) Private individuals and companies owns most of the assets
(3) Main driving force of this sector is profit.
Answer:
Question 19.
Read the conditions given below and identify in which sector Naresh is working?
table-2
Answer:
Unorganised Sector
Fill in the blanks/tables with suitable information:
Question 20.
When we produce goods by exploiting natural products, it is an activity of the ………….
Question 21.
The …………… sector has become most important in terms of share of the total production in developed countries.
Answer:
Tertiary
Explanation: In case of most developed and developing countries, production in all sectors has grown but tertiary sector has grown the most due to reasons like more development and improvement in Lifestyle. It employs a very large number of people in the world.
Question 22.
In the …………………… sector, the government owns most of the assets and provides all the services.
Answer:
Public
Question 23.
………….. is an example of an unorganized sector activity.
Answer:
A daily wage labourer working under a contractor
Related Theory
An Unorganised sector is characterised by small and scattered units which are largely outside the control of the government. Rules and regulations are not followed in this sector. There’s absence of labour rules and job security in this sector.
Question 24.
Fill the blanks in table with correct answer:
table-3
Answer:
Question 25.
Workers in the ………… sector do not produce goods.
Answer:
Tertiary
Explanation: Workers in Primary and Secondary Sector produce goods while workers in Tertiary sector provide services.
Match the Columns Choose the correct pairs:
Match the following sectors in Column A with their status given in Column B:
table-4
Answer:
table-5
Question 27.
Match the following occupations in Column A with their sectors in Column B:
table-6
Assertion Reasoning questions Class 10 Economics Chapter 2
In each of the following questions, a statement of Assertion (A) is given followed by a corresponding statement of Reason (R). Select the correct answer to codes (a), (b) (c) or (d) as given below:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A).
(c) (A) is correct but (R) is wrong.
(d) (A) is wrong but (R) is correct.
Question 28.
Assertion (A): Not every good or service that is produced and sold needs to be counted to know the total production in each sector.
Reason (R): The value of final goods already includes the value of all the intermediate goods.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).
Question 29.
Assertion (A): GDP (Gross Domestic Product) shows how big the economy is.
Reason (R): GDP of a country is the value of all intermediate goods and services produced within a country during a particular year.
Answer:
(c) (A) is correct but (R) is not correct.
Explanation: GDP is the total sum of the values of all final goods and services produced by all sectors within a country during a particular year. It indicates how developed and successful an economy is.
Question 30.
Assertion (A): Underemployment can also be called disguised unemployment.
Reason (R): Each person is doing some work but no-one is fully employed according to their true potential. This type of unemployment is hidden unlike the common type of unemployment where the job seeker clearly has no job.
Answer:
(a) Both (A) and (R) are true and (R) is the Correct Explanation of (A).
Question 31.
Assertion (A): The data for India, for the last thirty years, shows that while goods and services produced in the tertiary sector contribute the most to GDP, the highest employment is offered by the primary sector.
Reason (R): Tertiary sector offers limited growth.
Answer:
Question 32.
Assertion (A): Government needs to pay attention to aspects of human development such as availability of safe drinking water, housing facilities for the poor, food and nutrition.
Reason (R): Private Sector cannot offer development.
Answer:
(c) (A) is correct but (R) is wrong.
Explanation: Private sector is based on profit and thus cannot contribute a lot in growth of the people, only the public sector run by the government can fulfill that responsibility.
Question 33.
Assertion (A): The organised sector offers jobs that are the most sought-after.
Reason (R): Because the sector offers high and regular pay.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).
Question 34.
Assertion (A): There is also a need for protection and support of the workers in the unorganised sector.
Reason (R): Workers in an unorganised sector get paid really less and are heavily exploited.
Answer:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A).
Explanation: The workers of the unorganised sector are often exploited and not paid a fair wage. Their earnings are Low and not regular. These jobs are not secure and have no other benefits. They aLso face social discrimination.