GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following sector is the largest contributor to the economy?
A
Primary
B
Secondary
C
Tertiary
D
Information Technology
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.