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Indian Economy & Institutions · Question 54 of 75

Question 54

EasyOriginal question

Which sector contributes the largest share of India's Gross Value Added?

Options for question 54

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Services such as trade, transport, finance, real estate, and public administration together produce more than half of India's GVA.

  2. 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 time
35 s
Your time
—
The rule this testsNational income and official statistics
Practise this chapter →

Ten questions from Indian Economy & Institutions, at your own pace.

Practise this chapter →

Ten questions from Indian Economy & Institutions, at your own pace.