Which one of the following sub-sector of the services sector in India has contributed the highest per cent in the annual growth rate of the GDP?

Real estate, ownership of dwellings and business services

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Community, social, and personal services

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Transport, storage, and communication

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Trade, hotels, and restaurants

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Solution

The correct option is B Real estate, ownership of dwellings and business services
Real estate, ownership of dwellings and business services are the biggest contributor to growth among the various sub-sectors in the services sector. It formed approximately 14.9% of the share of GDP in 2014-15. It is followed by trade, hotels and restaurants at 11.8%.

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(i) employment conditions

(ii) the nature of economic activity

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(iv) number of workers employed in the enterprise

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(i) primary

(ii) secondary

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(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

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(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

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