MCQ Questions for Chapter 2 Sectors of the Indian Economy Class 10 Economics with answers

These MCQ Questions for Chapter 2 Sectors of the Indian Economy Class 10 Economics with answers are an excellent tool for helping students understand the material they are studying. It is an effective way to reinforce what students have learned and prepare for a quiz by building their confidence. You will gain an advantage over your classmates and be able to study the weak areas. These Class 10 Economics MCQs are intended to help students maintain a healthier lifestyle through mental training.

Chapter 2 Sectors of the Indian Economy MCQ Questions for Class 10 Economics with answers

1. Which sector converts goods into goods?
(a) primary sector
(b) secondary sector
(c) unorganised sector
(d) organised sector
► (b) secondary sector

2. Which sector has the lowest share in the employment in 2000?
(a) primary sector
(b) secondary sector
(c) tertiary sector
(d) none of the above
► (b) secondary sector

3. In which sector activities are not guided by profit motive?
(a) organised sector
(b) public sector
(c) private sector
(d) unorganised sector
► (b) public sector

4. The economy is classified into public and private sectors on the basis of :
(a) employment conditions
(b) the nature of economic activity
(c) ownership of enterprises
(d) number of workers employed in the enterprise
► (c) ownership of enterprises

5. Workers in this sector do not produce goods :
(a) tertiary sector
(b) secondary sector
(c) primary sector
(d) none of the above
► (a) tertiary sector

6. In which type of unemployment more people are employed than required?
(a) seasonal unemployment
(b) disguised unemployment
(c) educated unemployment
(d) all the above
► (b) disguised unemployment

7. Production of a commodity through exploitation of natural resources is an activity in the
(a) primary sector
(b) secondary sector
(c) tertiary sector
(d) Information Technology sector
► (a) primary sector

8. Manufacturing units in unorganised sector are :
(a) not subject to government regulations
(b) subject to government regulations
(c) subject to central bank’s regulations
(d) none of the above
► (a) not subject to government regulations

9. Underemployment occurs when people
(a) do not want to work
(b) are working in a lazy manner
(c) get employment below their capability level
(d) paid less than minimum wage fixed by government
► (c) get employment below their capability level

10. The service sector includes activities such as
(a) agriculture, dairy, fishing and forestry
(b) making sugar, gur and bricks
(c) transport, communication and banking
(d) none of these
► (c) transport, communication and banking

11. As per NREGA 2005 (National Rural Employment Guarantee Act 2005) the number of days of employment guaranteed by government is
(a) 100 days
(b) 80 days
(c) 150 days
(d) 120 days
► (a) 100 days

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

13. Which one of the following economic activities is not in the tertiary sector?
(a) Banking
(b) Bee keeping
(c) Teaching
(d) Working in a call centre
► (b) Bee keeping

14. Public enterprises are owned by:
(a) Individual owners
(b) Government
(c) Both government and individual
(d) None of the above
► (b) Government

15. Which one of the following defines GDP ?
(a) All final goods and services produced in a country in a year.
(b) All final and intermediate goods produced in a country in a year.
(c) Money value of all final goods and services produced in a domestic territory in a year.
(d) None of the above.
► (c) Money value of all final goods and services produced in a domestic territory in a year.

16. Workers in agricultural sector are
(a) underemployed
(b) over employed
(c) unemployed
(d) None of these
► (a) underemployed

17. The motive of public sector enterprises is:
(a) Profit making
(b) Entertainment
(c) Social welfare and security
(d) None of the above
► (c) Social welfare and security

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

19. Which of the following activities does not fall in the tertiary sector?
(a) Banking
(b) Communication
(c) Manufacturing
(d) Transport
► (c) Manufacturing

20. Agriculture, dairy farming are activities belonging to which of the following sectors?
(a) Primary
(b) Secondary
(c) Tertiary
(d) Scientific technology
► (a) Primary

21. Which of the following statements is true in respect of Public Sector?
(a) Big companies own most of the assets
(b) Government owns the assets
(c) A group of people owns most of the assets
(d) An individual owns most of the assets
► (b) Government owns the assets

22. On which of the following economic basis the sectors are classified into organised and unorganised sectors?
(a) The nature of economic activity
(b) Ownership of enterprises
(c) Employment conditions
(d) Number of workers employed in the enterprise
► (c) Employment conditions

23. The money value of all final goods and services produced within a country during a particular year is called
(a) Gross domestic product
(b) Net domestic product
(c) National product
(d) Production of secondary sector
► (a) Gross domestic product

24. Which of the following is not an activity of unorganised sector?
(a) teacher taking a class in Kendriya Vidyalaya
(b) a nurse working in a Government hospital
(c) a farmer irrigating his field
(d) a clerk working in the post office
► (c) a farmer irrigating his field