RO ARO pre -2021 The service sector has overtaken agriculture and industry as the primary driver of India's national income due to its rapid growth and diversification.
Which is the largest source of National Income in India ?
Asked in Government Polytechnic Exam 2012 · Topic: National Income & Gross Domestic Product (Sectoral Contribution to GDP: Trends and Analysis)
More Economic Development questions
- The share of industry in GDP at Factor Cost (at 2004-05 prices) in 2011-12 was
- Which of the following is the correct sequence in the decreasing order of contribution to the Gross Domestic Product of India?
- Consider the following statements: Statement-I: Carbon markets are likely to be one of the most widespread tools in the fight against climate change. Statement-II: Carbon markets transfer resources from the private sector to the State. Which one of the following is correct in respect of the above statements?
- Which state has the largest economy in India ?
- Out of the options given below, what should be the basic goal of "Sustainable Development" ?
- Given below are two statements: Statement I : The theory of Unbalanced Growth was advocated by Prof. Hirschman. Statement II : The theory of Unbalanced Growth states that investment should be first made in certain core sectors of the economy which have a high degree of complementarity. Once, the process of growth is initiated, it will spread to other sectors through forward and backward linkages. In the light of the above statements, choose the most appropriate answer from the options given below :
- Balanced growth rate aims at
- Balanced growth theory requires balance between a. Consumer goods and industrial goods b. Capital goods and industrial goods c. Agricultural sector and industrial sector d. All sectors in the economy
