GK
INDIAN ECONOMY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following sector is the largest contributor to the economy?
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Primary
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Secondary
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Tertiary
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Information Technology
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Explanation:
Detailed explanation-1: -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.
Detailed explanation-2: -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.
Detailed explanation-3: -The primary sector employs the largest portion of the Indian population. The primary sector predominently comprises the agricultrual sector.
There is 1 question to complete.