SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The sector of the economy that has become the least contributor to GDP in recent years is
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Primary sector
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Secondary sector
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Tertiary sector
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None of the above
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Explanation:
Detailed explanation-1: -The primary sector which is involved in the collection of raw material contributes the least to the GDP with about 17%. Involved in the processing and manufacturing of goods, the secondary sector contributes about 30% to the GDP.
Detailed explanation-2: -Sector-wise GDP of India The services sector accounts for 53.89% of total India’s GVA of 179.15 lakh crore Indian rupees. With GVA of Rs. 46.44 lakh crore, the Industry sector contributes 25.92%. While Agriculture and allied sector share 20.19%.
Detailed explanation-3: -In India, the share of agriculture in GDP has declined at a very fast rate in the recent years.
There is 1 question to complete.