SSC Economics Sample Paper NCERT Sample Paper-3

  • question_answer
    The largest source of National Income in India is

    A)  Service Sector

    B)  Agricultural Sector

    C)  Industrial Sector

    D)         Trade Sector

    Correct Answer: A

    Solution :

    [a] The services sector contributed US$ 783 billion to the 2014-15 GDP (at constant prices) growing at Compound Annual Growth Rate (CAGR) of 9 per cent, faster than the overall GDP CAGR of 6.2 per cent in the past four years. India has the second fastest growing services sector with its compound annual growth rate at nine per cent, just below China's 10.9 percent, during the last 11 year period from 2001 to 2012

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