Which one of the following sectors of the Indian Economy got the highest growth in the term GDP contribution after the adoption of LPG model of economic development?
A
Agricultural Sector
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Fishing and Forestry Sector
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Mining and Quarrying Sector
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Services Sector
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution
The correct option is D Services Sector Services sector has been the major contributor to GDP after the LPG model was implemented. Agriculture which contributed more than 50% to the country's GDP, stood at 17% as of 2013 while the contribution of services sector has grown to around 57%, registering the highest growth across all sectors.