SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Secondary sector
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Tertiary sector
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Primary sector
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Science and Technology sector
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Detailed explanation-1: -The Tertiary sector has emerged as the largest producing sector in the Indian economy in the last decade because (i) Demand for Tertiary sector activities like transport, storage, and trade have increased substantially with the development of the Primary and Secondary sectors. Therefore option 1 is the correct answer.
Detailed explanation-2: -As a result, in the year 2013-14, the tertiary sector has emerged as the largest producing sector in India replacing the primary sector.
Detailed explanation-3: -It is because of various reasons such as demand for tertiary sector activities like transport, storage and trade have increased substantially, etc. Due to the introduction of new methods of manufacturing, factories came up and started expanding. Also, the prices of goods produced in factories are much low.