Q409
What is the contribution of agriculture in Gross Domestic Product in India?
A.
15%
AnswerB.
24%
C.
50%
D.
67%
Answer: Option A
Solution
Answer: Option A
Solution:
Gross domestic product (GDP) is the standard measure of the value added created by a country's production of goods and services over a given fiscal period. The share of agriculture in GDP is approximately 15%.Agriculture and allied sectors like animal husbandry, forestry, and fishing accounted for 15.4% of the GDP with 41.49% of the workforce in 2020. India ranks first in the world with the highest net cropped area, followed by the US and China.