What was the contribution of the agriculture sector to the GDP in 1950?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 67.5%.
Agriculture was the dominant sector in India, contributing around 67.5% to the GDP. This high percentage highlighted the country's agrarian nature just after independence, with the vast majority of the population dependent on farming for their livelihood. Industrial and service sectors were still in their early stages of development. Over the decades, with economic reforms, technological advancements, and urbanization, the contribution of agriculture to GDP has significantly declined, even though it continues to employ a large portion of the workforce. This structural change reflects India's transition toward a more diversified and modern economy.