Economics- Sectors of The Indian Economy
Very Short Answer Type Questions
Q.1) Write two characteristics of organized sector.
Ans) Two characteristics of organized sector are:-
- Organised sector covers those enterprises or places of work where the terms of employment are regular and therefore people have assured work.
- Organised sectors are registered by the government and have to follow its rules and regulations.
Q.2) What is the percentage of commercial distribution of the working population?
Ans) The percentage of commercial distribution of the working population keeps on increasing.
Q.3) What is the infrastructure?
Ans) Those facilities and activities which are helpful in the production work are called infrastructure, for example energy, means of transport, dams, education, health facilities etc.
Q.4) What is knowledge-based society?
Ans) The society in which all actions are structured on the basis of available knowledge. The concept of knowledge based society has evolved with the expansion of telecommunications technology.
Q.5) What is service sector?
Ans) The activities of the tertiary sector generate services rather than goods. Hence, it is also called service sector.
Q.6) What do you mean by underemployment?
Ans) Everyone is doing some work but no one is fully employed. This is the situation of underemployment, where people are apparently working but all of them are made to workless than their potential.
Q.7) In which sector and when does the demand arises for vocational training?
Ans) In tertiary sector, as the income increases, some people start seeking demand for vocational training in restaurants, tourism, shopping and in private schools.
Q.8) What is meant by final products?
Ans) Those goods which are ready for use are called final products, like bread ready for use.
Q.9) Write two ways to generate employment in urban areas.
Ans)
- Invest in industries that provide employment on a large scale.
- Improve local and inter-city transportation so that more people are employed to work in the transportation business.
Q.10) Give one example each of primary, secondary and tertiary sector.
Ans) One example each of primary, secondary and tertiary sector are:-
- Primary Sector-Fisheries.
- Secondary Sector-Making sugar from sugarcane.
- Tertiary Sector-Communication.
