Which one of the following is the correct sequence in the decreasing order of contribution of different sectors to the Gross Domestic Product of India.?
- AService- Industry- AgricultureCorrect
- BService-Agriculture-Industry
- CIndustry- Services-Agriculture
- DIndustry-Agriculture-Services
Explanation
The correct answer is A because of the structural composition of the Indian economy.
The Services sector is the largest contributor, accounting for over 50 percent of Indias Gross Value Added. This includes sectors like banking, IT, trade, and transport.
The Industrial sector, which includes manufacturing, mining, construction, and utilities, is the second largest contributor, typically providing around 25 to 28 percent of the GDP.
The Agriculture sector, while employing the largest portion of the workforce, contributes the least to the GDP among the three, usually hovering around 15 to 18 percent.
Therefore, the decreasing order of contribution is Services, followed by Industry, and finally Agriculture.
Related questions
More UPSC Prelims practice from the same subject and topic.
- Prelims 2007GS1economy
Match List-I with List-II and select the correct answer using the code given below the lists: List-I (Aluminium Company) List-II (Location) A. BALCO 1. Hirakud B. HINDALCO 2. Korba C. Indian Aluminium…
- Prelims 2007GS1economy
Match List-I with List-II and select the correct answer using the code given below the lists: List-I (Company) List-II (Area) A. Chevron 1. Wind energy B. AT | T 2. Oil C. AMD 3. Telephone/Internet D.…
- Prelims 2007GS1economy
Match List-I (Person) and List-II (Company) using the code given below the lists: List-I(Person) List-II(Company) A. Vishwapati Trivedi 1. Essar Group B. Tulsi R. Tanti 2. Info Edge India(which runs n…
- Prelims 2007GS1economy
With reference to the steel industry in India in the recent times, consider the following statements: 1. Vizag Steel Plant (RINL) has been declared Mini Ratna. 2. Merger of IISO with SAIL has been com…
- Prelims 2007GS1economy
In which one of the following cities is the Global Automotive Research Central being set up?
- Prelims 2007GS1economy
Which one of the following is the correct sequence in the decreasing order of production (in million tonnes) of the given food grains in India?