Question

Private sector contributes about ______ of the country’s national income.

Options

• 20 per cent

• 30 per cent

• 50 per cent

• 80 per cent

Answer 1

Private sector contributes about 80 per cent of the country’s national income.

Explanation:

The private sector includes agriculture, small-scale industries, trade, and many large industries. It provides employment to over 80 per cent of the working population and plays a dominant role in economic activities such as agriculture, industrial production, and trading.