economicsWhy is the tertiary sector growing so rapidly in India?

Why is the tertiary sector growing so rapidly in India?


  1. A
    India’s economy is growing
  2. B
    Development of primary and secondary sectors
  3. C
    Income level of people is rising
  4. D
    All of the above 

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    Solution:

    The tertiary sector is growing rapidly in India as India’s economy is growing fast, there is a development of primary and secondary sectors, and also, the income level of people of the country is rising.
    Due to these reasons, the tertiary sector replaced the primary sector in terms of contribution to the GDP. With the primary and service sector, the need for the tertiary sector has increased in the form of transport, storage, trade, etc., the primary and service sector. The development of globalisation has also led to increased demand for certain new services like Information Technology, communication, etc.
     
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