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Indian Economy: Core Economic Concepts PYQ.

UPSC Prelims previous year questions on Core Economic Concepts (Indian Economy) — real questions with answers and explanations.

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2024Pairs/Matching (How Many Style)Core Economic Concepts

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 pairs given above are correctly matched?

A.Only one
B.Only two
C.Only three
D.All four
Explanation: * Pair 1 is incorrectly matched: The storage of agricultural produce is an supportive service activity that falls under the Tertiary sector, not the Secondary sector. * Pair 2 is correctly matched: Running a dairy farm exploits natural and biological resources directly, placing it inside the Primary sector. * Pair 3 is correctly matched: Mineral exploration is a high-end research, prospecting, and consultancy service that is covered under the wider umbrella of the Tertiary sector. * Pair 4 is correctly matched: Weaving cloth converts raw fibers into secondary manufactured goods, representing standard Secondary sector industrial processing. * Therefore, exactly three pairs (2, 3, and 4) are correct.
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