Growth of GDP and major sectors (in %) -
| Sectors | 1980-1991 | 1992-2001 | 2002-2007 | 2007-2012 | 2012-2017 XII plan | |
| Target I | Target II | |||||
| Agriculture | 3.6 | 3.3 | 2.3 | 3.2 | 4.0 | 4.2 |
| Industry | 7.1 | 6.5 | 9.4 | 7.4 | 9.6 | 10.9 |
| Services | 6.7 | 8.2 | 7.8 | 10.0 | 10.0 | 10.0 |
| Total | 5.6 | 6.4 | 7.8 | 8.2 | 9.0 | 9.5 |
To achieve the growth in GDP by 9 to 9.5 percent as per (XII plan) the agricultural, industrial and service sectors have to grow at the rates of :
Answer & explanation
Correct answer: option 3
The correct answer is option (3) : 4 to 4.2, 10, 9.6 to 10.9, 10 Percentage Points Respectively
To achieve the overall GDP growth target of 9.5% as per the XII Plan, let's analyze the required growth rates for each sector based on the provided data:
- Agriculture: Target growth rate is 4.2%
- Industry: Target growth rate is 10.9%
- Services: Target growth rate is 10.0%
Now, comparing these with the actual growth rates observed:
- Agriculture: It needs to grow from 4.0% (actual during 2012-2017) to 4.2%.
- Industry: It needs to grow from 9.6% (actual during 2012-2017) to 10.9%.
- Services: It needs to maintain its growth rate at 10.0%, which is already on target.