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BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The largest share of Gross Domestic Product (GDP), in India comes from
A
agriculture and allied sector
B
manufacturing and construction
C
service sector
D
defence and public administration
Explanation: 

Detailed explanation-1: -The services sector is the largest sector in India. The services sector accounts for 53.66% of the total India’s GVA of Rs. 137.51 lakh crore. The industrial sector is at the second spot and contributing around 31% of the Indian GDP.

Detailed explanation-2: -The services sector accounts for 53.89% of total India’s GVA of 179.15 lakh crore Indian rupees. With GVA of Rs. 46.44 lakh crore, the Industry sector contributes 25.92%. While Agriculture and allied sector share 20.19%.

Detailed explanation-3: -Service sector contributes the most in the Indian GDP.

There is 1 question to complete.