Site navigation

The share of the service sector in the Gross Value Added of India at current prices, during 2018-19 is…

According to the Economic Survey 2019-20, the services sector accounted for about 54% to 55% of India's gross value added at current prices in 2018-19, the largest share…

Choose your answer

The share of the service sector in the Gross Value Added of India at current prices, during 2018-19 is between

Select one answer
Answer and explanation

Correct answer C

According to the Economic Survey 2019-20, the services sector accounted for about 54% to 55% of India's gross value added at current prices in 2018-19, the largest share among the three sectors. Industry contributed roughly 30% and agriculture about 16% to 17%. So 45-47% and 50-52% are too low, and 60-62% is too high.

Practice for these exams

  • UGC NET Economics

Related question papers

Related exam syllabi

Related questions in this topic