Which sector currently contributes most to the Gross Domestic Product of India?

Economy ·Previously asked in JKSSB Sub Inspector (Executive) 2017

View the full solved paper: JKSSB Sub Inspector (Executive) 2017

Question

Which sector currently contributes most to the Gross Domestic Product of India?

  1. A. Manufacturing
  2. B. Agriculture
  3. C. Services (Correct answer)
  4. D. Marine

Correct Answer

Option C — Services

Detailed Solution & Explanation

The correct answer is Services.

Key Points

  • The Services sector contributes approximately 55% to India's GDP, making it the largest sector.
  • It includes IT/ITES, banking, retail, hospitality, healthcare, and education.
  • Agriculture contributes about 18% and Manufacturing (Industry) about 27%.
  • India is a global leader in IT and business process outsourcing (BPO) services.

Topics covered: JKPSI JKSSB 2017 Economy GDP Sectors