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Sectors of the Indian Economy
Social Science · CBSE Class 10 · English Medium · 20 questions and answers
Sample questions
- Q: What is the primary sector?
- A: The primary sector includes activities that involve the exploitation of natural resources - such as agriculture, dairy, fishing, forestry and mining; it is also called the agriculture and related sector.
- Q: What is the secondary sector?
- A: The secondary sector covers activities in which natural products are changed into other forms through ways of manufacturing; it is associated with industrial activity, so it is also called the industrial sector.
- Q: What is the tertiary sector?
- A: The tertiary sector includes activities that help in the development of the primary and secondary sectors; these activities generate services rather than goods, e.g. transport, banking, trade; it is also called the service sector.
- Q: What is Gross Domestic Product (GDP)?
- A: GDP is the value of all final goods and services produced within a country during a particular year; it shows how big the economy is.
- Q: What are intermediate goods and final goods?
- A: Goods that are used up in producing final goods and services are intermediate goods; the value of final goods (goods that reach the consumer) already includes the value of intermediate goods, so only final goods are counted in GDP.
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