CA Foundation Exam > CA Foundation Questions > Nearly __________ percent of working populati...
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Nearly __________ percent of working population is engaged in the service sector. [2001]
- a)23 per cent
- b)45 per cent
- c)80 per cent
- d)50 per cent
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Nearly __________ percent of working population is engaged in the serv...
Reasoning:
One of the key indicators of the economic structure of a country is the distribution of the working population across different sectors. The service sector typically includes industries such as hospitality, healthcare, education, finance, and information technology.
Economic Data:
According to the economic data from 2001, nearly 23 per cent of the working population was engaged in the service sector. This means that a significant portion of the workforce was employed in jobs that involve providing services rather than producing goods.
Significance of the Service Sector:
The service sector plays a crucial role in the economy as it contributes to a country's GDP, creates employment opportunities, and drives innovation and growth. With an increasing focus on technology and digital services, the service sector has become even more important in the modern economy.
Implications:
The high percentage of the working population engaged in the service sector indicates a shift towards a more service-oriented economy. This shift has implications for factors such as skill development, education, and training programs to meet the demands of the service industry.
Conclusion:
In conclusion, the data from 2001 shows that nearly 23 per cent of the working population is engaged in the service sector, highlighting the importance of this sector in driving economic growth and providing employment opportunities.
One of the key indicators of the economic structure of a country is the distribution of the working population across different sectors. The service sector typically includes industries such as hospitality, healthcare, education, finance, and information technology.
Economic Data:
According to the economic data from 2001, nearly 23 per cent of the working population was engaged in the service sector. This means that a significant portion of the workforce was employed in jobs that involve providing services rather than producing goods.
Significance of the Service Sector:
The service sector plays a crucial role in the economy as it contributes to a country's GDP, creates employment opportunities, and drives innovation and growth. With an increasing focus on technology and digital services, the service sector has become even more important in the modern economy.
Implications:
The high percentage of the working population engaged in the service sector indicates a shift towards a more service-oriented economy. This shift has implications for factors such as skill development, education, and training programs to meet the demands of the service industry.
Conclusion:
In conclusion, the data from 2001 shows that nearly 23 per cent of the working population is engaged in the service sector, highlighting the importance of this sector in driving economic growth and providing employment opportunities.
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Nearly __________ percent of working population is engaged in the service sector. [2001]a)23 per centb)45 per centc)80 per centd)50 per centCorrect answer is option 'A'. Can you explain this answer?
Question Description
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Nearly __________ percent of working population is engaged in the service sector. [2001]a)23 per centb)45 per centc)80 per centd)50 per centCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Nearly __________ percent of working population is engaged in the service sector. [2001]a)23 per centb)45 per centc)80 per centd)50 per centCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Nearly __________ percent of working population is engaged in the service sector. [2001]a)23 per centb)45 per centc)80 per centd)50 per centCorrect answer is option 'A'. Can you explain this answer?.
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