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Which of the statements is correct about India’s national income?
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- Percentage share of agriculture is higher than services
- Percentage share of industry is higher than agriculture
- Percentage share of services is higher than industry
- Percentage share of services is higher than agriculture and industry put together
- Percentage share of agriculture is higher than services
Correct Option: D
The services sector has the largest share in the GDP, accounting for 55% in 2007, up from 15% in 1950. Industry accounts for 28% of the GDP and employ 14% of the total workforce. Agriculture and allied sectors like forestry, logging and fishing accounted for 15.7% of the GDP in 2009–10.
