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Indian EconomyMedium

Which sector employs the largest share of India's workforce?

  1. A.Primary sector
  2. B.Secondary sector
  3. C.Tertiary sector
  4. D.Quaternary sector

Correct answer

A. Primary sector

Explanation

The correct answer is A, the primary sector. Agriculture and its allied activities still give work to the largest number of Indians, even though the sector's contribution to national income is far smaller than that share of employment would suggest.

Option C, the tertiary sector, is the strong distractor, because services do contribute the largest share of national income; but income share and employment share are two different questions, and papers set them side by side precisely to catch the candidate who has learned only one line. Option B, the secondary sector, absorbed a large part of the workforce in the countries that industrialised early, which India has not repeated on the same scale. Option D, the quaternary sector, is a later refinement covering knowledge services. The mismatch between output and employment is the reason productivity and incomes per worker in agriculture remain low.

Read the full article: Sectors of the Indian Economy: Primary to Tertiary

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Q5.Indian EconomyEasy

Banking and insurance are activities of which sector?

  1. A.Primary sector
  2. B.Secondary sector
  3. C.Tertiary sector
  4. D.Unorganised sector
Show answer
Correct answer: C. Tertiary sector

Banking and insurance create no physical product; they support production and trade by providing credit, moving money and covering risk, and such support activities are the core of the tertiary or service sector.