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A farmer grows wheat. A mill grinds it into flour. A baker bakes bread, a truck carries it, a shop sells it. One loaf of bread has passed through all three sectors of the economy, and the whole chapter is contained in that sentence.
What makes this a favourite of paper-setters is that the economy is cut three different ways, and the three cuts are easy to confuse. Activity gives primary, secondary and tertiary. Conditions of employment give organised and unorganised. Ownership gives public and private. A single firm can sit in a different box under each cut — a private steel plant is secondary by activity, organised by employment and private by ownership — and questions are built precisely on that overlap.
Add one striking Indian fact and you have the whole syllabus: services produce more than half of national output, yet agriculture still employs the largest share of workers.
1. In the standard three-sector classification of economic activity, mining is placed in the:
2. Which sector contributes the largest share to India's national output today?
3. Which sector employs the largest share of India's workforce?
4. Eight members of a family work a small plot of land. If three of them stopped working there, the total output would not fall. This situation is called:
5. MGNREGA guarantees how many days of wage employment in a year to a rural household?
6. A firm belongs to the organised sector mainly because:
7. While measuring national output, the value of intermediate goods is excluded in order to:
8. Construction of roads and buildings is classified under which sector?