(a) The sectors are classified into public and private on the basis of (b) Production of a commodity, mostly through the natural process, is an activity in ……… sector.

Q.2:- Choose the most appropriate answer.

(a) The sectors are classified into public and private on the basis of 
(i) employment conditions
(ii) the nature of economic activity
(iii) ownership of enterprises
(iv) number of workers employed in the enterprises.
(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 to 30%
(ii) between 30 to 40%
(iii) between 50 to 60%
(iv) 70 %

Answer:-

(a)— (iii)

(b)— (i)

(c)— (ii)

(d)—(iii)