Which of the following statement is true in respect of Public Sector?
Big companies own most of the assets
Government owns the assets
A group of people owns most of the assets
An individual owns most of the assets.
B.
Government owns the assets
Cotton is a ____________ _product and cloth is a ____________ product (natural / manufactured).
The activities in primary, secondary and tertiary sectors are ____________ (independent/ interdependent).
The sectors are classified into public and private sectors on the basis of:
Production of a commodity, mostly through the natural process, is an activity in __________ sector.
GDP is the total value of _______ produced during a particular year.
In terms of GDP the share of tertiary sector in 2010-2011 is ____________.
Match the following:
Find the odd one out and say, why.
(i) Tourist guide, dhobi, tailor, potter
(ii) Teacher, doctor, vegetable vendor, lawyer.
(iii) Postman, cobbler, soldier, police constable.
(iv) MTNL, Indian Railways, Air India, Sahara Airlines, All India Radio.
A research scholar looked at the working people in the city of Surat and found the following:
|
Place of work |
Nature of employment |
Percentage of working people |
|
1. In offices and factories registered with the government |
Organised |
15 |
|
2. Own shops, office, clinics in marketplaces with formal license |
15 |
|
|
3. People working on the street, construction workers, domestic workers |
20 |
|
|
4. Working in small workshops usually not registered with the government |
Complete the table. What is the percentage of workers in the unorganised sector in this city?
Do you think the classification of economic activities into primary, secondary and tertiary sectors is useful? Explain, how?
Mock Test Series
