BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The main source of National Income of India is
A
service sector
B
agriculture
C
industrial sector
D
trade sector
Explanation: 

Detailed explanation-1: -The services sector accounts for 53.89% of total India’s GVA of 179.15 lakh crore Indian rupees. The share of primary, secondary and tertiary (services) sectors have been estimated as 21.82 per cent, 24.29 per cent, and 53.89 per cent.

Detailed explanation-2: -It is the service sector which is the main source of national income. Therefore service sector contribute more than 50% of the GDP. But it is the agricultural sector which employs more than 50% of the population. In that sense, more number of people in India are supported by agriculture.

Detailed explanation-3: -Q. The primary sector contributes the most to employment and national income.

There is 1 question to complete.