Which of the following statements is not true of the Indian economy?

Its share of world population is 16 per cent but its share of world GDP is only 1.6 per cent;

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The share of service sector in India's GDP is only 25 per cent.

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58 per cent of its working population is engaged in agriculture but the contribution of agriculture to the national income is only about 22 per cent;

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India occupies only 2.4 per cent of the world's geographical area.

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Solution

The correct option is B The share of service sector in India's GDP is only 25 per cent.
Option: (b)

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In early nineties, the share of services sector in GDP for low per capita income group of countries is about 40 per cent.

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