2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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9 %
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3.5 %
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5.3 %
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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 per cent for 2022-23. On the other hand, the industry and services sectors are anticipated to grow by 6.2 per cent and 7.8 per cent, respectively, during the fiscal year.
Detailed explanation-2: -Agriculture and allied sectors expected to grow by 3.9 percent; industry by 11.8 percent and services sector by 8.2 percent in 2021-22.
Detailed explanation-3: -GDP from Agriculture in India averaged 4426.01 INR Billion from 2011 until 2022, reaching an all time high of 6626.88 INR Billion in the fourth quarter of 2021 and a record low of 2690.74 INR Billion in the third quarter of 2011.
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.