Economics · Economy
Read the following statements with regard to the state-wise analysis of service sector performance in India in Financial Year 2023: (i) Maharashtra accounts for more than 20 percent of the total service sector gross state value added (GSVA) of all the states combined. (ii) Karnataka, Maharashtra, Tamil Nadu, Uttar Pradesh, and Gujarat together share more than 50 percent of the total service sector gross state value added of all the states. Select the correct answer using the codes given below:
- 1Only (i) is correct
- 2Only (ii) is correct✓
- 3Both (i) and (ii) are correct
- 4Neither (i) nor (ii) is correct
Correct answer
Only (ii) is correct
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