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Q.

In the terms of GDP, the share of the tertiary sector in 2013-14 was between:


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a

20 to 30%

b

30 to 40%

c

60 to 70%

d

70% 

answer is C.

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Detailed Solution

In 2013-14, the tertiary sector contributed 60-70% of GDP. Following independence, the contribution of the tertiary sector has increased. People's reliance on agriculture gradually decreased as they transitioned from primary to secondary to a college education. The tertiary sector, governed by the government, provides basic services such as public transportation, healthcare, energy, and banking. The tertiary sector generates many job opportunities. This sector's operation contributes to the expansion of the primary and secondary sectors. The expansion of the administrative and healthcare sectors has boosted growth in the tertiary sector.
 
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In the terms of GDP, the share of the tertiary sector in 2013-14 was between: