The contribution of Service Sector in India's GDP is approximately _______.
- A54%
- B35%
- C42%
- D23%
Solution & Step-by-step Explanation
In contemporary Indian macroeconomics, the Service Sector is the largest contributing sector, consistently accounting for over 53% to 55% of the Gross Value Added (GVA) / GDP. In older competitive questionnaires, the answer options fluctuated around . Out of the given options, 50% serves as the closest match to the standard historical baseline in this specific paper context.