Question : Statement 1: India, Pakistan, and China have experienced a decline in the agricultural sector's contribution to GDP.
Statement 2: The shift from agriculture to industry and services has resulted in a reduced share of agriculture in these countries' GDP.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 states that India, Pakistan, and China have experienced a decline in the agricultural sector's contribution to GDP, which is true. These countries have undergone a structural transformation where the share of agriculture in GDP has decreased over time.
Statement 2 provides an explanation for the decline in the agricultural sector's contribution by stating that the shift from agriculture to industry and services has resulted in a reduced share of agriculture in these countries' GDP. This shift is a common pattern observed during the process of economic development.
Therefore, both statements are true and are consistent with each other.