2026 · Q41
Consider the following statements:
- 1Services sector contributes more than 50% to India's GVA
- 2Services sector growth is more volatile than agriculture sector
- 3FDI in services sector contributes to three-fourth of total FDI in the post-Covid period Which of the statements given above are correct?
General KnowledgeIndian Economy
- A1 and 2 only
- B1 and 3 only
- C2 and 3 only
- D1, 2 and 3
Explanation
The Economic Survey 2025-26 places the services share of GVA at its highest ever, 56.4% (over 50%), so statement 1 is correct. Services growth is relatively steady, while agriculture is the volatile, monsoon-dependent sector, so statement 2 is incorrect. The Survey's services chapter records services-sector FDI averaging 80.2% of total FDI during FY23-FY25, i.e., about three-fourths in the post-Covid period, so statement 3 is correct. The answer is (B) 1 and 3 only.