Question

The share of the private sector in India's GDP presently has been estimated at about

(a) 30% (b) 45%

(c)75% (d)85%

Answer 1

Answer:

75%.....................!!!!!!!!!!

Answer 2

The share of the private sector in India's GDP presently has been estimated at about 75%.

Option: (C)

Explanation:

• The contribution of the Private sector is about three-forth of the country's national income. The private sector plays an important role in increasing the gross domestic saving  and gross domestic capital formation of the economy.

• The Indian economy is dependent on  many factors  like agricultural production, industrial production, contribution from service sector.

• The private sector is the main driver of economic growth which helps in creating jobs, driving growth and paying the taxes that finance services and investment.

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