Question

Which of the following statements are correct?

1. Service sector (through transport System) helps to carry raw materials and finished goods from one place to another.
2. The percentage share of the Service Sector in India’s GDP is decreasing

Options

• Only I

• Only II

• Both I and II

• None of these

Answer 1

Only I

Explanation:

I. Service sector (through the transport system) helps in carrying raw materials and finished goods from one place to another, which is true.

II. The percentage share of the Service Sector in India’s GDP is increasing, not decreasing. It has grown from 28% in 1950-51 to 54% in 2018-19, showing a rising trend rather than a decline.