Question

What is the percentage contribution of Agriculture, Industry and Service Sector in the economy?

A 1) 19%, 30% and 51% respectively Correct Answer Incorrect Answer
B 2) 14%, 28% and 58% respectively Correct Answer Incorrect Answer
C 3) 17%, 29% and 54% respectively Correct Answer Incorrect Answer
D 4) 21%, 31% and 48% respectively Correct Answer Incorrect Answer
E 5) 20%, 30% and 50% respectively Correct Answer Incorrect Answer

Solution

Services sector is the largest sector of India. Gross Value Added (GVA) at current prices for Services sector is estimated at 73.79 lakh crore INR in 2016-17. Services sector accounts for 53.66% of total India's GVA of 137.51 lakh crore Indian rupees. With GVA of Rs. 39.90 lakh crore, Industry sector contributes 29.02% . While, Agriculture and allied sector shares 17.32% and GVA is around of 23.82 lakh crore INR.

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