Which sector contributes the most to Assam’s Gross State Domestic Product (GSDP)?

Agriculture
Industry
Services
Tourism

The correct answer is: c) Services.

Assam’s Gross State Domestic Product (GSDP) is the total value of all goods and services produced in the state in a given year. In 2020-21, the services sector contributed 53.4% of Assam’s GSDP, followed by the industry sector (29.2%) and the agriculture sector (17.4%).

The services sector is the largest contributor to Assam’s GSDP because it includes a wide range of activities that are essential to the state’s economy, such as trade, transportation, communication, finance, real estate, and government services. The industry sector is the second largest contributor to Assam’s GSDP because it includes activities such as manufacturing, mining, and construction. The agriculture sector is the smallest contributor to Assam’s GSDP because it includes activities such as crop cultivation, livestock rearing, and forestry.

The services sector is expected to continue to be the largest contributor to Assam’s GSDP in the future, as the state’s economy continues to grow. The industry sector is also expected to grow, but at a slower pace than the services sector. The agriculture sector is expected to remain the smallest contributor to Assam’s GSDP, as the state’s economy becomes more diversified.

Exit mobile version