Choose the most appropriate answer:
(a) Production of a commodity, mostly through the natural process, is an activity in _______ sector.
(i) primary
(ii) secondary
(iii) tertiary
(iv) information technology
(b) GDP is the total value of _____________ produced during a particular year.
(i) all goods and services
(ii) all final goods and services
(iii) all intermediate goods and services
(iv) all intermediate and final goods and services
(c) In terms of GDP the share of service sector in 2009-10 was
(i) between 20 to 30 per cent
(ii) between 30 to 40 per cent
(iii) between 50 to 60 per cent
(iv) 70 per cent
(a) (i) Primary
As in the primary sector, the natural materials are the raw products, and it is processed to get the final good.
(b) (ii) All the final goods and services.
Gross domestic product means all the final goods and services produced within the territory of a nation irrespective of the nationality of the person or company.
(c) (iii) between 50 to 60 per cent
Gross domestic product means all the final goods and services produced within the territory of a nation irrespective of the nationality of the person or company.
The share of the service sector is between 50% to 60%
Couldn't generate an explanation.
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