Consider the following statements 1 Over the years the contribution of the primary sector in the eco...........

Punjab Economy

Consider the following statements.

1.Over the years the contribution of the primary sector in the economy has decreased whereas the contribution of secondary and tertiary sectors has increased.

2.The economic growth in the state during the 11th plan period has been 6.73% against the target of 5.9%.

3.The 12th Plan envisage the average Growth rate will be more than 11th Plan.

Which of the following statments is/are correct about the Economic Growth of Punjab ?

1 and 2 Only

2 and 3 Only

1 and 3 Only

All of the above

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Explanation:

Over the years, the contribution of the primary sector in the economy of Punjab has decreased where as the contribution of secondary and tertiary sectors has increased

The economic growth in the state during the 11th plan period has been 6.73% against the target of 5.9%. The year-wise growth has been 9.05%, 5.85%, 6.29%, 6.53% and 5.94%. The 12th plan envisages an average growth rate of 6.4% for the state with for agriculture, industry and services as 1.6%, 7.5% and 8.0%, respectively.