Discussion
Punjab, in Independent India has earned the epithet of 'granary of India'. In this context, consider the following statements about the Punjab's state of economy-
1. Of the three major sectors of economy, Service sector has the largest employment share in Punjab, while agriculture and allied sector has the highest employment share at national level.
2. Agriculture sector contributes around 60% to the Punjab's nominal Gross State Value Added (GSVA)
3. In terms of share in GSVA as compared to share in employment, Punjab's agriculture and allied sector is much more balanced and proportionate as compared to national level.
Which of these statement(s) is/are correct?
Answer: C
The correct statements are 1 and 3.
1. In Punjab the services sector employs the largest share of workers, while across India agriculture and allied activities remain the largest employer.
3. In Punjab agriculture's share of gross state value added and its share of employment are of a similar order, roughly a quarter to a third each, whereas nationally agriculture employs over two-fifths of workers but produces less than a fifth of gross value added. Punjab's sector is therefore far more balanced.
Statement 2 overstates agriculture: it contributes roughly a quarter to a third of Punjab's GSVA, not around 60%.
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development