HomeTestsSearchRankProfile
mediumMCQCompetitive Exam2026Indian Economy
1 mark

The contribution of Service Sector in India's GDP is approximately _______.

  1. A
    54%
  2. B
    35%
  3. C
    42%
  4. D
    23%

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.

Practice this question

Try it yourself before checking the explanation above.

The contribution of Service Sector in India's GDP is approximately _______.
A
54%
B
35%
C
42%
D
23%

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across Indian Economy.

Discussion