2 Views

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.


Team Careers360 21st Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

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.

Know More About

Related Questions

Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
MAHE Manipal M.Tech 2025
Apply
NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #4
Sanskriti University LLM Admi...
Apply
Best innovation and research-driven university of Uttar Pradesh
Maya Devi University LLM admi...
Apply
43.6 LPA Highest Package | 5.48 LPA Average Package | 150+ Courses in UG, PG, Ph.D
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books