GK
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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fishing & tourism
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farming
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steel production
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textiles & industry
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Detailed explanation-1: -Nowadays, the mixed economy of Maldives is based on the principal activities of tourism, fishing and shipping. Tourism is the largest industry in the Maldives, accounting for 28% of GDP and more than 60% of the Maldives’ foreign exchange receipts.
Detailed explanation-2: -The fishing industry employs a significant portion of the Maldivian workforce. It is the second largest industry in Maldives, second only to the tourism industry. Historically, the Maldives exported dried tuna to neighboring countries.
Detailed explanation-3: -Common are tuna, groupers, dolphin fish, barracuda, rainbow runner, trevally and squirrelfish and many more. Aside from being of essential importance to the economy, fishing is also a popular recreational activity in the Maldives, not only among locals but by tourists.
Detailed explanation-4: -Fishing is the second leading economic sector of the Maldives. A significant amount of country’s income is generated through export of fresh fish and other fish/marine products.