Which one of the following is the correct sequence in the decreasing order of contribution of different sources to the gross domestic product (GDP) in India.
Answer & explanation
Correct answer: option 1
The correct answer is Option 1: Service- Industry-Agriculture
-
The service sector (banking, IT, transport, education, health, tourism, etc.) contributes the largest share to India’s GDP.
-
The industrial sector (manufacturing, construction, mining) contributes the second-largest share.
-
The agricultural sector contributes the smallest share among the three, although it still employs a large portion of the population.