SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the share of industry sector in GDP?
A
14%
B
26%
C
60%
D
75%
Explanation: 

Detailed explanation-1: -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-2: -The industrial sector accounts for around 27.6% of India’s GDP and it employs over 17% of the total workforce in the country. Was this answer helpful?

Detailed explanation-3: -The service sector, also called the tertiary sector contributes most of the GDP in India.

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