Home PYQs UPPSC UPPSC MCQs Prelims 2010 (GS Paper I)

Question

Which of the following statements is not true of the Indian Economy?

  1. Its share of world population is only ~17% but its share of world GDP is ~3.5%.
  2. The share of service sector in India's GDP is only 25%
  3. 45% of its working population is engaged in agriculture, but the contribution of agriculture to the national income is ~15%
  4. India occupies only 2.4% of the world's geographical area.

Answer:

Option B: The share of service sector in India's GDP is only 25%

Detailed Solution:

The correct answer is “The share of service sector in India's GDP is only 25%”.

1) India population is equivalent to 17.78% of the total world population. India's contribution to global GDP in 2024 was approximately 3.4%. This makes it the world's fifth-largest (US > China > Germany > Japan > India > UK) economy.

2) Services sector contributes over 50 per cent to India's GDP.

3) As of 2023, approximately 45% of India's working population is engaged in agriculture. Share of agriculture in India's GDP declined to 15 per cent last fiscal year from "35 per cent" in 1990-91 due to rapid growth in the industrial and service sector

4) India occupies only 2.4% of the world's geographical area.