Classification Based On Capital Investment

Q.

Choose the most appropriate answer.

(a) The sectors are classified into public and private sector on the basis of:

(i) employment conditions

(ii) the nature of economic activity

(iii) ownership of enterprises

(iv) number of workers employed in the enterprise

(b) Production of a commodity, mostly through the natural process, is an activity in ______________ sector.

(i) primary

(ii) secondary

(iii) tertiary

(iv) information technology

(c) GDP is the total value of _____________ produced during a particular year.

(i) all goods and services

(ii) all final goods and services

(iii) all intermediate goods and services

(iv) all intermediate and final goods and services

(d) In terms of GDP the share of tertiary sector in 2003 is _________

(i) between 20 per cent to 30 per cent

(ii) between 30 per cent to 40 per cent

(iii) between 50 per cent to 60 per cent

(iv) 70 per cent

Q.

explain the primary, secondary , tertiary sector ? with example.

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Which of the following parameters help/s us to classify industries into micro-scale, small-scale, medium-scale, and large-scale?

1. Turnover
2. Investments
3. Interest
4. Profit

Q.

Do you think the classification of economic activities into primary, secondary and tertiary is useful? Explain how

Q. <!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> If the industry’s investment is more than 50 crores and its turnover is more than 250 Crores, it is considered as a _____________.

1. Medium scale industry
2. Large scale industry
3. Micro scale industry
4. Small scale industry