BANKING AFFAIRS

Detailed explanation-1: -India has 48.8% of the population working in the primary sector. Since a huge population is dependent on agriculture and allied activities, India’s economy is known as an agrarian economy. Q. India has the highest number of people working in sector.

Detailed explanation-2: -58% of the population depends on primary sector activities like agriculture.

Detailed explanation-3: -Most of the people of India are associated with the primary sector of the economy. This is because India has a large population which is engaged in the agricultural activities, fishing, mining, etc.

Detailed explanation-4: -The largest proportion of work force in India is engaged in the primary sector. This sector employs 50-60% of the population. Primary sector consists of agriculture. It is also known as raw material sector.

Detailed explanation-5: -In 2019, 42.6 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment.