English

Which one of the following pairs is correctly matched? a. Primary Sector - Money Lender, b. Secondary Sector - Priest, c. Tertiary Sector - Bank

Advertisements
Advertisements

Question

Which one of the following pairs is correctly matched?

Options

  • Primary Sector - Money Lender

  • Secondary Sector - Priest

  • Tertiary Sector - Bank

  • Manufacturing Sector - Gardener

MCQ
Advertisements

Solution

Tertiary Sector - Bank

Explanation:

The Tertiary sector includes all operations that are related to providing services. A significant component of this sector is banking and communication.

shaalaa.com
Sectors of Economic Activities
  Is there an error in this question or solution?
2022-2023 (March) Outside Delhi Set 1

RELATED QUESTIONS

Find the odd one out and say why.

Postman, cobbler, soldier, police constable


Agriculture, dairy farming are activities belonging to which of the following sectors?


Which one of the following economic activities is not in the tertiary sector?


The service sector includes activities such as ____________.


Primary sector is related to:


Identify the natural product from the list of items given below:


More than half of the workers in the country are working in which of the primary sectors:


Good produced by exploiting natural resources belong which of the following sectors:


The sector which covers activities in which natural products are changed into other forms through ways of manufacturing is called:


Secondary sector is also called:


Tertiary sector is also called:


‘Tertiary sector is different from other sectors.’ Justify the statement with suitable arguments.


Which one of the following sectors contribute highest in the GDP of India? 


Which one of the following pairs is correctly matched?


Study the following picture. The work done in the picture comes under which one of the following sectors of the economy?


Read the source given below and answer the questions that follow:

For comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income. This is based on the understanding that more income means more of all things that human beings need. Whatever people like, and should have, they will be able to get with greater income. So, greater income itself is considered to be one important goal. Now, what is the income of a country? Intuitively, the income of the country is the income of all the residents of the country. This gives us the total income of the country. However, for comparison between countries, total income is not such a useful measure. Since, countries have different populations, comparing total income will not tell us what an average person is likely to earn. Are people in one country better off than others in a different country? Hence, we compare the average income which is the total income of the country divided by its total population. The average income is also called per capita income. In World Development Reports, brought out by the World Bank, this criterion is used in classifying countries. Countries with per capita income of US \$ 49,300 per annum and above in 2019, are called high income or rich countries and those with per capita income of US $ 2500 or less are called low-income countries. The rich countries, excluding countries of Middle East and certain other small countries are generally called developed countries.
  1. Explain the significance of per capita Income.
  2. What are the classifications of countries based on per capita income, and which entity is responsible for determining these classifications?"

Read the source given below and answer the questions that follow:

For comparing countries, their income is considered to be one of the most important attributes. Countries with higher income are more developed than others with less income. This is based on the understanding that more income means more of all things that human beings need. Whatever people like, and should have, they will be able to get with greater income. So, greater income itself is considered to be one important goal. Now, what is the income of a country? Intuitively, the income of the country is the income of all the residents of the country. This gives us the total income of the country. However, for comparison between countries, total income is not such a useful measure. Since, countries have different populations, comparing total income will not tell us what an average person is likely to earn. Are people in one country better off than others in a different country? Hence, we compare the average income which is the total income of the country divided by its total population. The average income is also called per capita income. In World Development Reports, brought out by the World Bank, this criterion is used in classifying countries. Countries with per capita income of US \$ 49,300 per annum and above in 2019, are called high income or rich countries and those with per capita income of US $ 2500 or less are called low-income countries. The rich countries, excluding countries of Middle East and certain other small countries are generally called developed countries.

What are the classifications of countries based on per capita income, and which entity is responsible for determining these classifications?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×