Multiple Choice Questions on With respect to Indian economy consider the following statements 1 Service Sector is the Highest con........... for General Studies (Level 1) Preparation

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Multiple Choice Questions

With respect to Indian economy consider the following statements 1 Service Sector is the Highest con...........

Indian Economy (Easy) Industry
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    With respect to Indian economy, consider the following statements.

    1. Service Sector is the Highest contributor to the country's GDP.

    2. Agriculture is the lowest contributor to the country's GDP

    Which of the statement(s) given above is/are correct?

    1 only

    Incorrect Answer

    2 only

    Incorrect Answer

    Both 1 and 2

    Correct Answer

    Neither 1 nor 2

    Incorrect Answer
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    Explanation:

    Services sector is the largest contributor to GDP of India. Services sector accounts for 54% of total India GDP. Industrial sector - around 30% of the Indian GDP. Agriculture sector - around 16% of the Indian GDP.

    By: Atul Sambharia
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