Economics · Sectors of the Indian Economy
Based on the structural changes in the Indian economy, analyze the following Assertion (A) and Reason (R): Assertion (A): In the year 2013-14, the manufacturing (secondary) sector emerged as the largest contributing sector to India's GDP, replacing the primary sector. Reason (R): Historically, mass production of goods at cheaper rates in factories eventually led to shifts in total production and employment from the primary to the secondary sector over longer structural cycles. Select the correct option:
- 1A is true but R is false
- 2Both A and R are true and R is not the correct explanation of A
- 3A is false but R is true✓
- 4Both A and R are true and R is the correct explanation of A
Correct answer
A is false but R is true
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