BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which sectors of Indian Economy contributes largest to the gross national product?
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Primary sector
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Secondary sector
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Tertiary sector
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Public sector
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Explanation:
Detailed explanation-1: -The service sector, also called the tertiary sector contributes most of the GDP in India.
Detailed explanation-2: -The services sector contributes the largest percentage towards the GNP. The service sector accounts for 53.66 % of the total of India’s GNP. Industry comes second with a share of 31.12 %. The agriculture sector contributes the lowest with the share of 15.11% of GNP.
Detailed explanation-3: -The tertiary sector contributes more to India’s GDP (more than 50 %). As the tertiary sector provides services to all current firms and final consumers, the tertiary sector is often known as the service industry.
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