Consider the following trends about GVA growth of major sectors of Indian economy The agriculture se...........

Economic Affairs Growth and Indicators

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Consider the following trends about GVA growth of major sectors of Indian economy;

The agriculture sector registered significantly higher growth in 2016-17 than the previous two years on the back of normal monsoon.
Public administration, defence & other services’ sector also registered growth due to higher payouts in salaries and arrears on account of implementation the Seventh Pay Commission.
The growth of manufacturing sector showed an improvement in 2017-18.
growth of industry sector accelerated in the last financial year.

Which of these trends are incorrect?

3 only

4 only

1 and 3

2 and 4

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Explanation:

GVA growth of major sectors
• The agriculture sector registered significantly higher growth in 2016-17 than the previous two years on the back of normal monsoon. Most of the other crops and noncrop agriculture sector also showed significant growth.
• Public administration, defence & other services’ sector also registered growth due to higher payouts in salaries and arrears on account of implementation the Seventh Pay Commission.
• However, growth of industry sector declined in the last financial year. The growth of manufacturing sector showed an improvement in 2017-18.