Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Employment - Growth, Informalisation and Other Issues

Question:

Which of the following sector majorly provides the newly created jobs in the Indian economy?

Options:

Service sector

Manufacturing sector

Agriculture sector

Quinary Sector

Correct Answer:

Service sector

Explanation:

The correct answer is option 1: Service sector

There has been a change in the structure of workforce in India. Newly emerging jobs are found mostly in the service sector. The expansion of the service sector and the advent of high technology now frequently permit a highly competitive existence for efficient small scale and often individual enterprises or specialist workers side by side with the multinationals. Outsourcing of work is becoming a common practice.