1. In India Tertiary Sector includes :
1. Trade and Transport
2. Finance and Real Estate
3. Forestry and Fishing
Choose the correct answer from the codes given below :
Code :
(a) 1 only
(b) 1 and 2 only
(c) 2 and 3 only
(d) 3 only
[U.P. U.D.A./L.D.A. (Pre) 2002, U.P.P.C.S. (Mains) 2004, U.P.P.C.S.(Pre) 2003]
Ans. (b)1 and 2 only
- The tertiary sector of the economy, also known as the services sector, is made up of industries that provide services.
- This includes things like trade, hotels, transport, communication, banking and finance, insurance, real estate, public administration, defense, education, entertainment, and tourism.
- The Economic Survey 2020-21 reported that the services sector now makes up more than 54% of the economy and almost 80% of the total money invested in India.
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2. In India, the service sector includes :
I. Mining and Quarrying
II. Transport and Communication
III. Hotels
IV. Forestry and Fishing
Select the correct answer from the codes given below :
Code :
(a) Only I and II
(b) Only II and III
(c) Only III and IV
(d) Only I and IV
[U.P.P.C.S. (Mains) 2004]
Ans. (b) Only II and III
- The tertiary sector of the economy is also known as the services sector, and it is made up of industries that provide services.
- The services sector includes activities such as trading, hospitality, transportation, communication, banking and finance, insurance, real estate, public administration, and defence, education, entertainment and tourism.
- According to the Economic Survey of 2020-21, the services sector now makes up more than 54% of the economy and almost 80% of the foreign investments in India.
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3. Which one of the following is a tertiary activity?
(a) Forestry
(b) Manufacturing
(c) Farming
(d) Marketing
[U.P. Lower Sub. (Pre) 2008]
Ans. (d) Marketing
- Economic activities can be divided into three categories: primary, secondary, and tertiary.
- The primary sector includes farming, forestry, dairy, fishing, mining, etc.
- The secondary sector makes finished products from the raw materials produced in the primary sector.
- This includes all manufacturing activities.
- The tertiary sector provides services, such as marketing.
- Option (d) is the correct answer.
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4. Which among the following is the primary sector of the Indian economy?
(a) Agriculture
(b) Industry
(c) Cooperative
(d) None of the above
[U.P.P.C.S. (Pre) (Re-Exam) 2015]
Ans. (a) Agriculture
- The main part of India’s economy is farming.
- Other parts of the primary sector include fishing, managing forests, taking care of cows, and making dairy products.
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5. Transport, Communication, and Commerce come under the :
(a) Primary activities
(b) Secondary activities
(c) Tertiary activities
(d) Rural activities
[U.P. R.O./A.R.O. (Mains) 2017]
Ans. (c) Tertiary activities
- Transportation, communication and trade are all categorized as tertiary activities.
- This services sector includes a wide range of activities, such as running businesses, taking care of administrative tasks, shipping and receiving goods, exchanging information, doing financial work, providing real estate services, offering business and personal services, teaching, providing healthcare, and offering
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6. The largest source of National Income in India is :
(a) Service Sector
(b) Agriculture Sector
(c) Industrial Sector
(d) Trade Sector
[U.P. R.O./A.R.O. (Pre) 2021]
Ans. (a) Service Sector
- In India, the services sector is the biggest contributor to the country’s total income.
- It is expected to produce 111.
- 6 lakh crore INR in 2021-22 (1st A.E.). This sector makes up 53.0% of India’s total income of 210.4 lakh crore INR in 2021-22 (1st A.E.).
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7. The share of the Tertiary Sector in the Indian economy during 2016-17 was :
(a) Rs. 51.8 lakh crore
(b) Rs. 50.6 lakh crore
(c) Rs. 49.0 lakh crore
(d) Rs. 52.8 lakh crore
[U.P.R.O./A.R.O. (Pre) 2017]
Ans. (*)
- The Economic Survey 2021-22 states that India’s Gross Value Added was estimated to be Rs. 138.4 lakh crore in 2016-17, with the services sector making up 52.8% of that.
- None of the options given were correct. In 2020-21 and 2021-22 (1st A.E.), the services sector (excluding construction) contributed 53.9% and 53.0%, respectively, to India’s GVA.
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8. With reference to the Indian economy, consider the following activities?
1. Agriculture, Forestry and Fishing
2. Manufacturing
3. Trade, Hotels, Transport and Communication
4. Financing, Insurance, Real Estate and Business services
The decreasing order of the contribution of these sectors to the Gross Domestic Product (GDP) at factor cost at constant prices (2000-01) is:
(a) 3, 1, 2, 4
(b) 1, 3, 4, 2
(c) 3, 4, 1, 2
(d) 1, 3, 2, 4
[I.A.S. (Pre) 2002]
Ans. (d) 1, 3, 2, 4
- Option (d) was the correct response to the question. According to the Economic Survey 2021-22, the proportions of components of Gross Value Added (GVA) at current prices are as follows.
- 2021-22 (1st A.E.)
- The services sector makes up 53% of the economy.
- This includes trade, hotels, transport, communication, and services related to broadcasting (16.9%).
- Financial, real estate and professional services (20.9%) and public administration, defense, and other services (15.2%) are also part of the services sector.
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9. During 2006-2010, which of the following service sectors registered the fastest growth in India?
(a) Banking and Insurance
(b) Construction
(c) Transporation
(d) Communication
[U.P.P.C.S. (Mains) 2010]
Ans. (d) Communication
- Between 2006 and 2010, the communication sector in India grew the fastest (25%).
- According to the 2021-22 Economic Survey, the services sector’s Gross Value Added (GVA) is predicted to grow by 8.2% in 2021-22 (1st A.E.), following last year’s 8.4% decline.
- This year, the subsectors of ‘Trade, hotels, transport, communication and broadcasting services’, ‘Financial, real estate and professional services’, and ‘Public administration, defence and other services’ are estimated to grow 11.9%, 4.0%, and 10.7% respectively, compared to 2020-21 (P.E.) where they decreased by 18.2%, 1.5%, and 4.6% respectively.
- The construction sector is
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10. Among the services sector, which has the highest share in India’s GDP in 2006?
(a) Trade, Hotels, Transport and Communication
(b) Finance, Insurance, Real Estate and Business Services
(c) Community, Social and Personal Services
(d) Construction of buildings
[U.P.P.C.S. (Pre) 2008]
Ans. (a) Trade, Hotels, Transport and Communication
- In the year 2006-07, option (a) was the right answer to the question.
- According to the 2021-22 Economic Survey, the percentage of the services sector sub-sectors at current prices is 16.9% for trade, hotels, transport, communication and broadcasting services, 20.9% for financial, real estate and professional services and 15.2% for public administration, defence and other services. Therefore, the current correct answer is option (b).
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11. The largest share of Gross Domestic Product (GDP) in India comes from :
(a) Agriculture and allied sectors
(b) Manufacturing, construction, electricity and gas
(c) Services sector
(d) Defence and public administration
[U.P.P.C.S.(Pre) 2012]
Ans. (c) Services sector
- The services sector in India has become a major part of the country’s income, trade, foreign investments, and jobs.
- It makes up the largest portion of India’s Gross Domestic Product and Gross Value Added.
- According to the 2021-2022 Economic Survey, in 2020-2021 the services sector had 53.9% of GDP/GVA.
- This percentage is expected to be 53.0% in 2021-2022.
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12. Which one of the following is the correct sequence in decreasing order of the contributions of different sectors to the Gross Domestic Product of India?
(a) Services > Agriculture > Industry
(b) Industry > Services > Agriculture
(c) Industry > Agriculture > Services
(d) Services > Industry > Agriculture
[U.P.P.C.S. (Mains) 2017, U.P.P.C.S. (Pre) 2005]
Ans. (d) Services > Industry > Agriculture
- The order of sectors by their contribution to India’s GDP is Services, Industries, and then Agriculture.
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13. Which among the following sectors contributes most to the GDP of India?
(a) Primary sector
(b)Secondary sector
(c) Tertiary sector
(d)All three contribute equally
[M.P.P.C.S. (Pre) 2008]
Ans. (c) Tertiary sector
- The service sector, sometimes called the tertiary sector, is the biggest contributor to India’s GDP.
- It makes up 53%, while industry and agriculture make up 30% and 17% respectively.
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14. Which of the sectors of the Indian economy has the highest contribution to GDP (Gross Domestic Product)?
(a) Agricultural sector
(b) Industrial sector
(c) Services sector
(d) None of these
[Uttrakhand U.D.A./L.D.A. (Mains) 2006]
Ans. (c) Services sector
- In India, the service sector is the biggest part of the economy.
- In 2016-17, it made up 53.66% of the country’s total economic value.
- The industrial sector is the second biggest part, making up around 31% of the GDP.
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15. Which one of the following contributes the highest share in India’s domestic production?
(a) Agriculture and allied activities
(b) Manufacturing industries
(c) Electricity, gas and water supply
(d) Services
[U.P.P.C.S. (Mains) 2004]
Ans. (d) Services
- The service sector is the biggest part of India’s economic growth In 2016-17, the service sector made up 53.66% of India’s total economic activity.
- The industrial sector is the second largest contributor, making up about 31% of India’s GDP.
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16. The share of services in India’s GDP and total employment in 2012-13 respectively are approximately
(a) 50% and 20%
(b) 57% and 28%
(c) 64 % and 34 %
(d) 55% and 45%
[U.P. P.C.S. (Mains) 2014]
Ans. (b) 57% and 28%
- In 2012-13, services made up about 56.9% of India’s GDP and 28.1% of total employment.
- According to the Economic Survey 2018-19, services accounted for 54.3% of GVA and 34% of total employment in 2018-19.
- The Economic Survey 2021-22 says that services contributed 53.0% to GVA in 2021-22 (1st A.E.).
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17. For which of the following States the share of the services sector in the State GDP has been largest in 2008-09?
(a) Delhi
(b) Maharashtra
(c) Kerala
(d) Tamil Nadu
[U.P.P.C.S. (Mains) 2010]
Ans. (a) Delhi
- In 2012-13, services in India’s GDP and total employment were about 56.9% and 28.1% respectively.
- The Economic Survey 2018-19 showed that services in India’s GVA and total employment in 2018-19 were 54.3% and 34%.
- The latest Economic Survey 2021-22 states that services in the GVA are at 53.0% in 2021-22.
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18. Which of the following statements is not true about the Indian Economy?
(a) Its share of the world population is 16% but its share of the world GDP is only 1.6%
(b) The share of the services sector in India’s GDP is only 25%
(c) 58% of its working population is engaged in agriculture, but the contribution of agriculture to the National Income is 22%
(d) India occupies only 2.4% of the world’s geographical area
[U.P.P.C.S. (Pre) 2010]
Ans. (b) The share of the services sector in India’s GDP is only 25%
- Statement (b) is incorrect because in 2009-10 and 2012-13, the services sector made up 57.09% and 59.29% of India’s GDP respectively.
- According to the 2021-22 Economic Survey, it is currently at 53.0%. The other statements are mostly correct, looking at the 2001 Census data.
- 58.2% of India’s working population was in agriculture in 2001 and the contribution to the GDP in 2001-02 was 22.42%.
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19. What was the rank of the growth rate of the services sector of India in the world during the period 2001 to 2012?
(a) First
(b) Second
(c) Third
(d) Fourth
(e) Fifth
[Chhattisgarh P.C.S. (Pre) 2014]
Ans. (b) Second
- The Economic Survey from 2013-14 reported that the service sector, which is responsible for around 57 percent of India’s GDP, has been growing quickly in recent years.
- It is the second fastest-growing service sector in the world, with a Compound Annual Growth Rate (CAGR) of 9.0 percent, slightly lower than China’s 10.9 percent growth from 2001 to 2012.
- During 2021-22, the services sector continued to grow, reaching 8.2 percent from 7.2 percent in 2019-20.
- However, due to the COVID-19 pandemic, the GVA of the services sector decreased by 8.4 percent in 2020-21.
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20. Since 1980, the share of the tertiary sector in the total GDP of India has:
(a) shown an increasing trend
(b) shown a decreasing trend
(c) remained constant
(d) been fluctuating
[I.A.S. (Pre) 1999]
Ans. (a) shows an increasing trend
- From 1980 to 2011-12, India’s tertiary sector had been growing steadily.
- According to the Economic Survey 2021-22, the services sector’s share of Gross Value Added (GVA) was 53.9% in 2020-21 and 53.0% in 2021-22, compared to 52% in 2014-15 and 2015-16.
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21. In India, between 2001 to 2005, the growth rate of which sector has consistently increased?
(a) Agriculture
(b) Industry
(c) Services
(d) None of the above
[U.P.P.C.S. (Mains) 2007]
Ans. (c) Services
- From 2001 to 2005, the rate of growth of the services sector increased steadily from 5.6% to 9.9%. According to the 2021-22 Economic Survey, the growth rate of the services sector in 2019-20 is estimated to be 7.2%, in 2021-22 it is estimated to be 8.2%, but it fell by 8.4
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22. As the economy develops, the share of the tertiary sector in the GDP :
(a) Decreases
(b) Decreases then increases
(c) Increases
(d) Remains constant
[U.P.P.C.S. (Mains) 2006]
Ans. (c) Increases
- As India’s economy grows, the proportion of the service sector in the GDP increases.
- From 1950-51 to 2000-01, this share went up from 30.3% to 50.37%.
- According to the Economic Survey 2021-22, the service sector now makes up 53.0% of the total Gross Value Added (GVA) in the Indian economy.
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23. From 2011-12 to 2015-16, the contribution of the Services Sector to the growth rate of the Indian economy is :
(a) 72.4 percent
(b) 50.7 percent
(c) 69.0 percent
(d) 66.0 percent
(e) None of these
[Chhattisgarh P.C.S. (Pre) 2017]
Ans. (c) 69.0 percent
- From 2011-12 to 2015-16, the Services Sector had a 69.0% contribution to the growth of India’s economy.
- In 2017-18, it was 72.5%. Even though it slowed down, it was still the biggest contributor to GVA growth, providing more than 60% in 2018-19 and around 55% in 2019-20.
- Unfortunately, due to the COVID-19 pandemic, GVA for this sector decreased by 8.4% in 2020-21.
- It is predicted to grow by 8.2% in 2021-22.
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24. ‘TRAI’ is a regulatory body associated with which of the following sectors?
(a) Transport
(b) Tourism
(c) Technical Education
(d) Telecom
[U.P. R.O./A.R.O. (Pre) 2017]
Ans. (d) Telecom
- The TRAI was created in 1997 by the Indian government to regulate telecommunications services in the country.
- Its mission is to help India become a leader in the global information society.
- One of its main goals is to create a fair policy that encourages competition.
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