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The _______ sector is the largest sector of India, contributing to a Gross Value Added (GVA) of ₹92.26 lakh crore in 2018-19.
Question

The _______ sector is the largest sector of India, contributing to a Gross Value Added (GVA) of ₹92.26 lakh crore in 2018-19.

A.

Service

B.

Construction

C.

Manufacturing

D.

Agriculture

Correct option is A

The correct answer is (A) Service.
Explanation:
  • The Service sector is the largest sector in India, contributing significantly to the country’s Gross Value Added (GVA).
  • In 2018-19, the Service sector contributed ₹92.26 lakh crore to the GVA, making it the dominant sector in India’s economy.
  • This sector includes industries such as IT and software services, banking and finance, tourism, telecommunications, transport, and education.
  • The Service sector includes diverse industries like:
    • Information Technology (IT) and software services
    • Banking and finance
    • Telecommunications
    • Transport and logistics
    • Education and healthcare
    • Tourism and hospitality

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