Service sector contributes about ______ of the country's GDP.
A
100%
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B
80 to 95%
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C
50 to 60%
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D
20 to 30%
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Solution
The correct option is C 50 to 60% The service sector of economy is also known as tertiary sector. It is
the third sector of the economy. The service sector in India now
accounts about 50%-60% of GDP. This sector is mainly concerned with
rendering service to the people. Example: tourism.