JAIIB Exam 2025 – IE&IFS Important Questions MCQs Quiz-2

09/01/2025

Table of Contents

JAIIB Exam 2025 IE&IFS Important Questions MCQs Quiz-2

JAIIB Exam Quiz 2025: The JAIIB exam is scheduled for 2025 by IIBF. Here, we are providing JAIIB IE&IFS MCQ-based quizzes on a regular basis. You can attempt the quizzes regularly to prepare for the upcoming JAIIB exam. The quizzes will be provided module-wise and unit-wise. You can attempt the JAIIB IE&IFS quizzes from the links below and improve your preparation by practicing regularly. These quizzes will help you boost your score in the JAIIB exam and guide you to clear the exam on your first attempt.

Q.11. Primary sector includes all economic activities that involve the direct use of natural resources. Which of the following is NOT a part of the primary sector?
A) Agriculture
B) Fishing
C) Horticulture
D) Manufacturing

Q.12 Quaternary Sector, also known as the ‘knowledge’ sector, includes which of the following activities?
A) Agriculture and fishing
B) Teaching and research
C) Manufacturing and construction
D) Banking and retail

Q. 13. Which of the following schemes was launched in 2016 to mitigate risk in the agriculture sector?
A) Pradhan Mantri Fasal Bima Yojana (PMFBY)
B) Formation and Promotion of 10,000 FPOs
C) Agriculture Infrastructure Fund
D) Pradhan Mantri Krishi Sinchayee Yojana

Q.14. The Quinary Sector includes activities involving:
A) Farming and mining
B) Decision-making by top-level executives in government and corporations
C) Retail and customer service
D) Teaching and healthcare

Q.15 Which economic sector involves the processing of raw materials extracted from the primary sector and is also known as the industrial sector?
A) Primary Sector
B) Secondary Sector
C) Tertiary Sector
D) Quaternary Sector

Q.16. Why is the industrial sector considered equally vital for an economy?
A) It focuses solely on exporting goods.
B) It generates demand for agricultural commodities and promotes economic growth.
C) It depends only on natural resource extraction.
D) It is limited to providing services like education and healthcare.

Q.17 Which phase of the Indian industrial journey is known as the period of industrial fall?
A) Phase I (1951–1965)
B) Phase II (1965–1980)
C) Phase III (1980–1991)
D) Phase IV (1991 onwards)

Q.18 What does the Index of Industrial Production (IIP) measure?
A) The change in the volume of production in a given year in
sectors such as mining, manufacturing, and electricity
B) The growth of only the manufacturing sector in India
C) The performance of the agricultural sector in India
D) The index of economic growth for the entire Indian economy

Q.19. What is the primary characteristic of manufacturing in the modern economy?
A) It employs a small percentage of the labor force
B) It is known for creating mass employment for low-skilled
workers
C) It focuses only on high-skilled jobs
D) It is limited to only developed economies

Q.20 Which sector includes all economic activities that produce services, such as education, healthcare, banking, and communication, and forms the basis of a service-based
economy?
A) Primary Sector
B) Secondary Sector
C) Tertiary Sector
D) Quaternary Sector

Q.21 What is the role of the construction sector in India?
A) It is the largest employment sector in the country.
B) It is a key input for socioeconomic development and a crucial part of industrial and infrastructure growth.
C) It is only involved in residential buildings.
D) It focuses solely on agriculture-related infrastructure.

Q.22 Which of the following best describes a “sunrise sector”?
A) A sector that is fully developed and has limited growth potential
B) A sector in its infancy with the potential for significant growth
C) A sector that only focuses on past technologies
D) A sector with a low degree of innovation and public awareness

Q.23 What are some characteristics of a sunrise sector?
A) Strong growth rates, low innovation, and limited public awareness
B) Strong growth rates, a high degree of innovation, and high public awareness
C) Low growth rates, lack of investor interest, and limited job creation
D) High competition and no potential for future business growth

Q.24 Which of the following is a characteristic of the organized sector?
A) Employment terms are not defined or regular, and enterprises are not registered with the government
B) Employees are guaranteed work and social security, and job terms are fixed and regular
C) It relies heavily on indigenous technologies and labor
D) It primarily consists of street workers and domestic workers

Q.25 Which of the following is true about the unorganized sector?
A) Workers are guaranteed social security and have fixed job terms
B) Enterprises in this sector are registered with the government
C) It consists of low-wage, unstable, and irregular work, with no protection from legislation or trade unions
D) It is a high-wage sector with stable employment