Class 10 Economics Solutions English Medium

NCERT Solutions Class 10 Economics English Medium

Chapter 2. Sectors of the Indian Economy

Topic: Assignments - What Have You Learned?

Assignments for Preparation

Practice the following questions carefully to strengthen your understanding of the chapter and prepare effectively for the CBSE Board Examination.

Multiple Choice Questions (MCQs)

1. Which sector is directly dependent on natural resources?

(a) Primary Sector
(b) Secondary Sector
(c) Tertiary Sector
(d) Service Sector

2. Which of the following belongs to the Primary Sector?

(a) Banking
(b) Agriculture
(c) Transport
(d) Insurance

3. The Secondary Sector is mainly related to:

(a) Agriculture
(b) Manufacturing Industries
(c) Education
(d) Healthcare

4. Which sector provides services to people?

(a) Primary Sector
(b) Secondary Sector
(c) Tertiary Sector
(d) Mining Sector

5. Which sector contributes the highest share to India's GDP?

(a) Primary Sector
(b) Secondary Sector
(c) Tertiary Sector
(d) Mining Sector

6. GDP stands for:

(a) Gross Domestic Product
(b) General Domestic Product
(c) Gross Development Programme
(d) Global Domestic Product

7. GDP measures:

(a) Population Growth
(b) Total value of final goods and services
(c) Government Expenditure
(d) Foreign Trade

8. GDP in India is estimated by:

(a) RBI
(b) NITI Aayog
(c) National Statistical Office (NSO)
(d) Planning Commission

9. Which sector is registered with the government?

(a) Organised Sector
(b) Unorganised Sector
(c) Informal Sector
(d) Cottage Sector

10. Employees in the Organised Sector generally receive:

(a) No salary
(b) Job security and social benefits
(c) Seasonal employment only
(d) No legal protection

11. Which of the following belongs to the Unorganised Sector?

(a) Government School Teacher
(b) Bank Employee
(c) Daily Wage Labourer
(d) Railway Employee

12. The Public Sector is owned by:

(a) Individuals
(b) Private Companies
(c) Government
(d) Foreign Investors

13. Which is an example of the Public Sector?

(a) Infosys
(b) Tata Motors
(c) Indian Railways
(d) Wipro

14. The main objective of the Private Sector is:

(a) Public Welfare
(b) Profit Earning
(c) Social Service Only
(d) Employment Only

15. Disguised unemployment is mainly found in:

(a) Agriculture
(b) Banking
(c) IT Sector
(d) Aviation

16. Disguised unemployment means:

(a) No employment
(b) More people working than required
(c) Seasonal employment
(d) Overseas employment

17. Which sector converts raw materials into finished goods?

(a) Primary Sector
(b) Secondary Sector
(c) Tertiary Sector
(d) Service Sector

18. Which of the following is a service?

(a) Wheat Production
(b) Cement Manufacturing
(c) Banking
(d) Mining

19. Which sector mainly provides employment opportunities in rural India?

(a) Primary Sector
(b) IT Sector
(c) Banking Sector
(d) Tourism Sector

20. Balanced development of all sectors leads to:

(a) Economic Growth
(b) Increase in Poverty
(c) Environmental Degradation Only
(d) Decline in Employment

Short Answer Questions (2–3 Marks)

1. What is meant by an economic sector?

2. Differentiate between the Primary and Secondary Sectors.

3. Why is the Tertiary Sector becoming increasingly important in India?

4. Define Gross Domestic Product (GDP).

5. Explain the Value Added Method used for calculating GDP.

6. Distinguish between the Organised and Unorganised Sectors.

7. Differentiate between the Public Sector and Private Sector.

8. What is disguised unemployment? Explain with an example.

Long Answer Questions (5 Marks)

1. Explain the classification of sectors of the Indian economy with suitable examples.

2. Describe the importance of the Primary, Secondary and Tertiary Sectors in India's economic development.

3. Explain how Gross Domestic Product (GDP) is calculated. Why is GDP important?

4. Compare the Organised and Unorganised Sectors on the basis of working conditions, job security and employee benefits.

5. Explain the role of the Public and Private Sectors in the development of the Indian economy.

6. What is disguised unemployment? Explain its causes and suggest measures to reduce it.

CBSE Competency-Based Questions

1. A farmer has eight family members working on a small piece of land, but only four are actually required for farming. Identify the type of unemployment and justify your answer.

2. A person leaves farming and starts working in a transport company. Which sectors are involved in this change? Explain.

3. Why does India need to create more employment opportunities in the manufacturing sector?

4. Explain why workers in the Unorganised Sector are more vulnerable than those in the Organised Sector.

5. "All sectors of the economy are interdependent." Explain the statement with a suitable example.

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