GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Production of a commodity, mostly through the natural process, is an activity in sector.
A
primary
B
secondary
C
tertiary
D
information technology
Explanation: 

Detailed explanation-1: -The correct answer is Primary. Primary Sector: Production of a commodity, mostly through the natural process, is an activity in the primary sector. In the Primary sector of the economy, activities are undertaken by directly using natural resources.

Detailed explanation-2: -Production for exchange in the market is commodity production. At the beginning of commodity exchange, people bartered one product for another. Later in the long process of the development of commodity exchange, a particular commodity-money-was separated from other commodities spontaneously.

Detailed explanation-3: -The primary sector includes all those activities the end purpose of which consists in exploiting natural resources: agriculture, fishing, forestry, mining, deposits.

There is 1 question to complete.