Question

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

• A. Its share of world population is 16 per cent but its share of world GDP is only 1.6 per cent;
• B. The share of service sector in India's GDP is only 25 per cent.
• C. 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;
• D. India occupies only 2.4 per cent of the world's geographical area.

Answer 1

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

Option: (b)