Question : Statement 1: The sectoral composition of GDP in India, Pakistan, and China is characterized by the dominance of the primary sector.
Statement 2: Services such as IT, telecommunications, banking, and tourism plays a negligible role in the economies of these countries.
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: Statement 2 is true, Statement 1 is false.
Solution : The correct answer is (d) Statement 2 is true, Statement 1 is false.
Statement 1 claims that the sectoral composition of GDP in India, Pakistan, and China is characterized by the dominance of the primary sector. This statement is false. While the primary sector, which includes agriculture, forestry, and mining, has historically played a significant role in the economies of these countries, their GDP composition has shifted over time. India, Pakistan, and China have all experienced a transition toward a more diversified economy, with the secondary sector (including manufacturing and industry) and the tertiary sector (including services) gaining prominence.
Statement 2 states that services such as IT, telecommunications, banking, and tourism play a negligible role in the economies of these countries. This statement is true. Services have emerged as significant contributors to the GDP of India, Pakistan, and China. IT services, telecommunications, banking and financial services, and tourism are all sectors that have seen substantial growth and contribute significantly to the overall economies of these countries.
Therefore, statement 2 is true, Statement 1 is false.
