Question 54
EasyOriginal questionWhich sector contributes the largest share of India's Gross Value Added?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
Services such as trade, transport, finance, real estate, and public administration together produce more than half of India's GVA.
Agriculture's share is much smaller, even though it employs the largest number of workers.
Worth noting
Share of output and share of jobs rank the sectors differently; read which one is asked.
- Concept
- The sector shares of GVA
- Typical timeTypical
- 35 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Indian Economy & Institutions, at your own pace.