Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

Structural composition of India is relying more an which sector?

Options:

Primary sector

Secondary sector

Manufacturing sector

Tertiary sector

Correct Answer:

Tertiary sector

Explanation:

The structural composition of India is relying more on the Tertiary sector.

The tertiary sector of India, which includes services such as banking, finance, insurance, transportation, communication, and tourism, is now the largest contributor to the country's GDP.

The primary sector, which includes agriculture, forestry, and fishing, is still important, but it is declining as a share of the economy.

The secondary sector, which includes manufacturing, is also growing, but it is not growing as fast as the tertiary sector.