2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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7.1 %
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7.7 %
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7.3 %
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7.9 %
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Detailed explanation-1: -The median growth forecast for agriculture and allied activities has been put at 3.0 percent for 2022-23; while industry and services sector are anticipated to grow by 6.2 percent and 7.8 percent respectively.
Detailed explanation-2: -The history of agriculture in India dates back to the neolothic. India ranks second worldwide in farm outputs. As per Indian economic survey 2018, agriculture employed more than 50% of the Indian work force and contributed 17–18% to country’s GDP.
Detailed explanation-3: -The growth in real GDP during 2022-23 is estimated at 7 per cent as compared to 8.7 per cent in 2021-22, it stated.
Detailed explanation-4: -The share of the sector in total GVA of the economy has a long-term trend of around 18 per cent. The share of the agriculture & allied sector in total GVA, however, improved to 20.2 per cent in the year 2020-21 and 18.8 per cent in 2021-22.