Economics · Sectors of Indian Economy
Assertion (A): India's economic growth pattern is often described as 'services-led growth.' Reason (R): The services sector has consistently grown faster and contributed a larger share to GDP than agriculture and industry. Select the correct answer from the options below:
- 1(A) is false, but (R) is true
- 2(A) is true, but (R) is false
- 3Both (A) and (R) are true, but (R) is not the correct explanation of (A)
- 4Both (A) and (R) are true, and (R) is the correct explanation of (A)✓
Correct answer
Both (A) and (R) are true, and (R) is the correct explanation of (A)
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