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Question
Which one of the following statements is/are correct?
Options
Tertiary sector is the largest contributor to India’s GDP
Transport is a productive service
All of these
None of these
MCQ
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Solution
None of these
Explanation:
The tertiary (service) sector has become the largest sector in terms of contribution to India’s National Income, contributing about 54% as of 2018-19. Transport is classified under productive services as it aids production by facilitating the movement of goods and raw materials. The tertiary sector is the largest contributor to the Indian economy by national income share. Transport is considered a productive service.
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