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What was the contribution of the agriculture sector to the GDP in 1950?
Question

What was the contribution of the agriculture sector to the GDP in 1950?

A.

48.6%

B.

72.3%

C.

67.5%

D.

56.6%

Correct option is C

The correct answer is (c) 67.5%

  • In 1950, the contribution of the agriculture sector to India's Gross Domestic Product (GDP) was around 67.5%. At that time, the majority of the population was employed in agriculture, and the country’s economy was largely agrarian.

  • The agriculture sector played a dominant role in India's economy, providing employment to a significant portion of the population and contributing heavily to the national income.

Why other options are incorrect:

  • (a) 48.6%: This figure does not accurately represent the contribution of agriculture to India's GDP in 1950. It is likely a misrepresentation.

  • (b) 72.3%: While the agricultural contribution was significant, it did not reach 72.3% in 1950.

  • (d) 56.6%: Although agriculture's contribution was substantial, it was higher than this figure during 1950.

Information Booster:

  • In 1950, India was still in the process of recovering from the effects of British colonial rule, and its economy was heavily dependent on agriculture.

  • Over the years, the share of agriculture in India’s GDP has steadily declined as the industrial and services sectors have expanded, contributing more to the economy.

  • By the early 21st century, agriculture's contribution to India’s GDP had fallen to below 20% while the services sector had grown significantly.

Additional Information:

  • The Green Revolution in the 1960s led to an increase in agricultural productivity, but it did not substantially change the overall share of agriculture in GDP as industrial and service sectors grew rapidly.

  • Post-1991 economic reforms: India’s economic liberalization led to diversification, with significant growth in the service sector (particularly IT and software) and the manufacturing sector, thus reducing the dominance of agriculture in GDP.

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