U

Uday Singh • 7.23K Points
Tutor III Economic

Q. Which is the biggest tax paying sector in India?

  • (A) Industrial sector
  • (B) Agriculture sector
  • (C) Transport sector
  • (D) Banking sector
  • Correct Answer - Option(A)
  • Views: 546
  • Filed under category Economic

Explanation by: Uday Singh
India’s large service industry accounts for 57.2% of the country’s GDP while the industrial and agricultural sectors contribute 28.6% and 14.6% respectively.

Agriculture is the predominant occupation in Rural India, accounting for about 52% of employment. The service sector makes up a further 34% and the industrial sector around 14%.

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