SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In 2013-14, the sector that contributed highest to the GDP was
A
Primary
B
secondary
C
tertiary
D
None of the above
Explanation: 

Detailed explanation-1: -The correct answer is 50 to 60. Tertiary Sector/Service Sector: In terms of GDP, the share of the tertiary sector in 2013-14 is between 50 to 60 per cent. This sector’s activities help in the development of the primary and secondary sectors.

Detailed explanation-2: -The services sector with an around 57 per cent contribution to the gross domestic product (GDP) in 2013-14, has made rapid strides in the last few years and emerged as the largest and fastest-growing sector of the economy.

Detailed explanation-3: -As a result, in the year 2013-14, the tertiary sector has emerged as the largest producing sector in India replacing the primary sector.

There is 1 question to complete.