Which sector has the lowest share in the GDP while providing the highest employment in India?

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answer is A.

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Detailed Solution

The share of agriculture in the Gross Domestic Product has fallen drastically. In 1970-71, agriculture contributed more than 40% of GDP; by 2013-14, it had dropped to less than 20%. Agriculture leads to the developing of other sectors like transport, trade, storage, etc. A fall in the growth rate of agriculture is a leading cause of unemployment. A declining share of agriculture means low per capita income as a large percentage of the population depends on agriculture. This will also increase our dependency on various other nations for imports of primary products. People engaged in farming have shifted to other survival activities because they provide better opportunities than the primary sector.

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