GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which sector of Indian Economy contributes largest to the Gross National Product?
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Priamry Sector
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Secondary Sector
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Teritary Sector
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Public Sector
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Explanation:
Detailed explanation-1: -The service sector, also called the tertiary sector contributes most of the GDP in India.
Detailed explanation-2: -The tertiary sector involves the provision of services to other businesses as well as to final consumers. Services may involve the transport, distribution and sale of goods from a producer to a consumer, as may happen in wholesaling and retailing, pest control or entertainment.
Detailed explanation-3: -The primary sector industry deals with the production of raw materials. The secondary sector develops finished products for consumption from these materials, and the tertiary sector provides essential services to both industries by utilizing better procedures.
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