Question
Which sector of the Indian Economy contributes largest to the GNP?
Answer: Option A
Answer: (a)
Tertiary sector of the Indian Economy contributes the largest to the GNP. During the last decade tertiary sector has shown remarkable expansion. The economy is divided into three sectors on the basis of activities-Primary, Secondary and tertiary.
Primary sector is involved in agriculture, Secondary sector is involved in manufacturing, mining, construction while tertiary sector is involved in trade, transport, communication, banking & other services.
In the last decade, India has expanded maximum in providing services like IT, Telecommunication, Healthcare, Tourism which is contributing around 60% to GDP.
Was this answer helpful ?
Answer: (a)
Tertiary sector of the Indian Economy contributes the largest to the GNP. During the last decade tertiary sector has shown remarkable expansion. The economy is divided into three sectors on the basis of activities-Primary, Secondary and tertiary.
Primary sector is involved in agriculture, Secondary sector is involved in manufacturing, mining, construction while tertiary sector is involved in trade, transport, communication, banking & other services.
In the last decade, India has expanded maximum in providing services like IT, Telecommunication, Healthcare, Tourism which is contributing around 60% to GDP.
Was this answer helpful ?
More Questions on This Topic :
Question 2. ICI is the name associated with
....
Question 4. Indian Economy is a/an :
....
Question 5. What is a bank rate ?
....
Question 9. The second plan gave priority to
....
Question 10. Gross domestic product is a measure of :
....
Latest Videos
Latest Test Papers
Submit Solution