Write the important question and answer …

Question 1.
Classify the economy on the basis of ownership of enterprises. (2012)
Answer:
Public Sector and Private Sector.

Question 2.
Classify the economy on the basis of the nature of the activity. (2015)
Answer:
The economy is classified on the basis of economic activities into three sectors namely Primary sector, Secondary sector and Tertiary sector.

Question 3.
What is disguised unemployment? (2012)
Answer:
Disguised unemployment is a situation in which more people are employed on a job than the required number.

Question 4.
Production of a commodity, mostly through the natural process is an activity of which sector? (2013)
Answer:
Primary Sector

Question 5.
Name the sector in which the government owns most of the assets and provides all the services. (2013)
Answer:
Pubic Sector

Question 6.
Name the sector which continued to be the largest employer even in the year 2000. (2014)
Answer:
The primary sector continued to be the largest employer even in the year 2000.

Question 7.
How many days of guaranteed employment are provided under National Rural Employment Guarantee Act, 2005? (2014)
Answer:
100 days of employment are guaranteed under NREGA, 2005.

Question 8.
ATM is an example of which sector? (2014)
Answer:
Tertiary sector

Question 9.
Suggest any one way to create employment opportunity in the rural areas. (2015)
Answer:
Setting up a dal mill, opening a cold storage, starting or promoting honey collection are some of the ways of creating employment opportunities in rural areas.

Question 10.
Production of a commodity, mostly through the natural process is an activity of which sector? (2013)
Answer:
Primary Sector