In 1950-51, what percentage of GDP of India was contributed by the industrial sector?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 11.8 percent.
In 1950-51, the industrial sector contributed approximately 11.8% of India's GDP. At that time, India's economy was predominantly agrarian, with a relatively small industrial base. This period marked the beginning of efforts to expand and modernize the industrial sector as part of the country's broader economic development strategy. The focus on industrialization and infrastructure development aimed to increase the sector's contribution to GDP and support overall economic growth.