Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Growth Driven By Which Sector
Post-1991 GDP growth is mainly driven by growth in the:
- Agricultural sector
- Industrial sector
- Service sector — Correct Answer
- Mining sector
Explanation:
Correct Answer Explanation
GDP growth is mainly driven by growth in the service sector.
Key Points:
- Agriculture growth has declined during reform period.
- Industrial sector reported fluctuation.
- Service sector witnessed consistently high growth.
- Growth concentrated in telecom, IT, finance, entertainment, travel, hospitality, real estate.
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This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.