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Which sector contributed more than 50 percent of India's GDP but employed a bulk of the population?
  • a)
    Primary sector
  • b)
    Industrial sector
  • c)
    Services sector
  • d)
    Formal economy
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which sector contributed more than 50 percent of India's GDP but emplo...
The informal or unorganized economy, which includes agriculture, fishing, forestry, and cottage industries, contributed more than 50 percent of India's GDP. However, it also employed a significant portion of the population, highlighting the prevalence of this sector in terms of employment.
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Which sector contributed more than 50 percent of India's GDP but employed a bulk of the population?a)Primary sectorb)Industrial sectorc)Services sectord)Formal economyCorrect answer is option 'A'. Can you explain this answer?
Question Description
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