Question
Q55. With reference to the sectors of the Indian economy, consider the following pairs
Economic activity | Sector | |
1 | Storage of agricultural produce | Secondary |
2 | Dairy farm | Primary |
3 | Mineral exploration | Tertiary |
4 | Weaving cloth | Secondary |
How many of the above pairs are correctly matched?
- Only one
- Only two
- Only three
- All four
Answer: 2
Detailed Explanation
Occupation wise an economy is broadly divided into primary, secondary and tertiary sectors.
• Primary sector includes production units producing goods by exploiting natural resources.
• Some examples are farming, mining, fishing, dairy farming etc. Most of economic activities are carried in rural areas.
• Hence pair 2 is correctly matched.
• The secondary sector: activities in which natural products are changed into other forms through ways of manufacturing that we associate with industrial activity.
• Example: production of bicycles, scooters, spinning and weaving etc.
• Most of these activities are carried out in a factory or mill. Hence pair 4 is correctly matched.
• The tertiary sector: units producing only services like banks, transport shops, insurance government department, domestic servants, etc.
• These activities, by themselves, do not produce a good but they are an aid or a support for the production process.
• For example, goods that are produced in the primary or secondary sector would need to be transported by trucks or trains and then sold in wholesale and retail shops.
• Transport, storage, communication, banking, trade are some examples of tertiary activities. Hence pair 1 is not
correctly matched.
• Mineral exploration (different from mining) a complex activity representing high end research and development for exploration of minerals.
• It involves specialists and consultants for prospecting of minerals skill and knowledge based economy.
• Though activities involving R&D, specialists and consulting form part of Quaternary and Quinary sector, it has been historically been covered under Tertiary sector.
• Mineral exploration should form part of Tertiary sector per se. Hence pair 3 is correctly matched.