Which sector of the following is called the backbone of the Indian GDP?
A.Trade and Commerce
B. Industries
C. Agriculture
D. Transport
Answers
Answered by
6
GROSS DOMESTIC PRODUCT (GDP)
GDP = (Consumption of goods + Investment + Government Spending + Net Exports)
Explanation:
- The advent of modern industries not only expand tertiary and secondary sectors by providing jobs to the employee as well as help in modernizing agriculture, which forms the backbone of the Indian economy.
- Because most part of India is related to villages or rural areas, which directly depend upon agriculture or farming.
- Approx 75% of the whole of India's population depends on the agriculture sector.
- Hence, the Agriculture sector became the backbone of the Indian GDP.
Answered by
3
Answer:
C. Agriculture
Explanation:
Agriculture is called the backbone of the Indian GDP
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