Practicing Success
Growth of GDP and major sectors (in %) -
|
Identify which sector has attained the highest growth during reform period till 2012. |
Agriculture sector Service sector Industry sector Secondary sector |
Service sector |
The correct answer is option (2) : Service sector To determine the average growth rates of different sectors from 1992 to 2012, we will calculate the average for each period provided (1992-2001, 2002-2007, and 2007-2012). Growth Rates from 1992 to 2012Agriculture Sector:
Average Growth Rate for Agriculture (1992-2012): 2.93% Industry Sector:
Average Growth Rate for Industry (1992-2012): 7.77% Services Sector:
Average Growth Rate for Services (1992-2012): 8.67% Summary:
Conclusion:The sector with the highest average growth rate from 1992 to 2012 is the Services Sector, with an average growth rate of approximately 8.67%. |