Structural Composition
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Question (English)
The contribution of agricultural, industrial, and service sectors to GDP is called:
- Occupational structure
- Structural composition of the economy ✓ Correct
- National income distribution
- Balance of payments
Explanation:
Correct Answer Explanation
This is called the structural composition of the economy.
Key Points:
- India experienced peculiar structural change — services grew faster than industry.
- Usually agriculture's share declines and industry becomes dominant first.
- At higher development, service sector contributes most.
📚 About this Topic — CH-2: INDIAN ECONOMY 1950–1990
This multiple choice question is from CH-2: INDIAN ECONOMY 1950–1990, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-2: INDIAN ECONOMY 1950–1990 to strengthen your preparation.