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About ______ of India’s national income is contributed by agriculture. - Economic Applications

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Question

About ______ of India’s national income is contributed by agriculture.

Options

  • 17%

  • 33%

  • 50%

  • 10%

MCQ
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Solution

About 17% of India’s national income is contributed by agriculture.

Explanation:

Its share has declined from 59% in 1950-51 to around 16% in recent years due to industrial and service sector growth, agriculture remains significant, as it employs about 43% of the labour force and supports food supply and raw materials for industries. This reflects India’s ongoing status as an agrarian economy despite diversification into other sectors.

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Chapter 6: Main Sectors of Indian Economy : Agriculture - QUESTIONS [Page 79]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 6 Main Sectors of Indian Economy : Agriculture
QUESTIONS | Q 5. | Page 79
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