In terms of GDP the share of tertiary sector in $2003$ was _________.

Between

20 % t o 30 %

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Between

30 % t o 40 %

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Between

50 % t o 60 %

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70 %

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Solution

The correct option is C Between $50 % t o 60 %$
In term of GDP, this sector emerged as the largest producing sector in India in 2003, surpassing the primary and secondary sectors. In 1973 the share of the tertiary sector in GDP was about 35%, which increased to more than 50% in 2003. Over the thirty years between 1973 and 2003.

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Similar questions

Choose the most appropriate answer.

(a) The sectors are classified into public and private sector on the basis of:

(i) employment conditions

(ii) the nature of economic activity

(iii) ownership of enterprises

(iv) number of workers employed in the enterprise

(b) Production of a commodity, mostly through the natural process, is an activity in ______________ sector.

(i) primary

(ii) secondary

(iii) tertiary

(iv) information technology

(i) all goods and services

(ii) all final goods and services

(iii) all intermediate goods and services

(iv) all intermediate and final goods and services

(d) In terms of GDP the share of tertiary sector in 2003 is _________

(i) between 20 per cent to 30 per cent

(ii) between 30 per cent to 40 per cent

(iii) between 50 per cent to 60 per cent

(iv) 70 per cent

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