2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the percentage increase in the service sector according to FCCI report?
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8.4 %
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5.2 %
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6.1 %
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9.2 %
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Explanation:
Detailed explanation-1: -The services sector of India remains the engine of growth for India’s economy and contributed 53% to India’s Gross Value Added at current prices in FY21-22 (as per advance estimates).
Detailed explanation-2: -Sector-wise GDP of India The services sector accounts for 53.89% of total India’s GVA of 179.15 lakh crore Indian rupees.
Detailed explanation-3: -(II)Service sector employs around 34% of India’s working population.
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