BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following sectors makes maximum contribution to India’s Gross Value?
A
Services
B
Agriculture
C
Industry
D
Both B and C
Explanation: 

Detailed explanation-1: -The services sector contributes the largest percentage towards the GNP. The service sector accounts for 53.66 % of the total of India’s GNP.

Detailed explanation-2: -The service sector, also called the tertiary sector contributes most of the GDP in India.

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

Detailed explanation-4: -Tertiary sector mainly deals with services. Hence, tertiary sector is also known as service sector of the economy. Service sector is the largest contributor to GDP in India.

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