Economics · Sectors of the Economy
Which statement is true regarding the Secondary Sector in the Indian economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The secondary sector has surpassed the tertiary sector in terms of GDP contribution.
- 2The secondary sector includes trade, transport, communication, and banking services.
- 3The secondary sector is often referred to as the industrial sector and encompasses manufacturing, construction, and electricity, gas, and water supply.✓
- 4The secondary sector is currently the largest employer in India.
Correct answer
The secondary sector is often referred to as the industrial sector and encompasses manufacturing, construction, and electricity, gas, and water supply.
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