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. |
Service- Industry-Agriculture Service-Agriculture-Industry Industry-Service-Agriculture Agriculture-Industry-service |
Service- Industry-Agriculture |
The correct sequence in the decreasing order of contribution of different sources to the Gross Domestic Product (GDP) in India is: Service-Industry-Agriculture. The sequence "Service-Industry-Agriculture" reflects the transition that many developing economies, including India, have experienced. In these economies, there has been a shift from agrarian-based economies to industrialization and, eventually, to a more prominent role for the service sector. This transition is often referred to as the structural transformation of the economy. |