Question
Which sector of the Indian economy contributes largest to the GDP?
Answer: Option C
Answer: (c)
The tertiary sector of the Indian economy contributes the largest to the GDP. During the last decade, the tertiary sector has shown remarkable expansion.
The economy is divided into three sectors on the basis of activities-primary, secondary and tertiary.
The primary sector is involved in agriculture, the secondary sector is involved in manufacturing, mining, construction while the 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.
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Answer: (c)
The tertiary sector of the Indian economy contributes the largest to the GDP. During the last decade, the tertiary sector has shown remarkable expansion.
The economy is divided into three sectors on the basis of activities-primary, secondary and tertiary.
The primary sector is involved in agriculture, the secondary sector is involved in manufacturing, mining, construction while the 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.
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