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The contribution of the services sector in Gross Value Added at current prices in the Indianeconomy in 2024 – 25 is estimated to be :
Question

The contribution of the services sector in Gross Value Added at current prices in the Indianeconomy in 2024 – 25 is estimated to be :

A.

25%

B.

35%

C.

45%

D.

55%

Correct option is D

The services sector contributes about 55% to Gross Value Added (GVA) at current prices.

It is followed by:

  • Industry (around 27–28%)
  • Agriculture & Allied Activities (around 17–18%)

The services sector includes trade, hotels, transport, communication, financial services, real estate, public administration, defence, and other services, and has been the primary driver of India’s post-reform growth.

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