Question

Consider the following statements.

1. Compared to Primary and Secondary Sectors, Services sector share is dominating in Kerala’s GSDP.
2. But in terms of employment/workforce, secondary sector is dominating

• A. i only
• B. All
• C. ii only
• D. i, ii

Answer 1

Answer:

A. i only

• Kerala was a model for high human development at low incomes.
• But in recent years the income levels also have risen.
• Kerala is gradually shifting from an Agrarian economy to a market economy.
• Kerala has 1.18% of India’s geographical area, 2.76% of population and contributes 4.11% of country’s GDP.
• The economy of Kerala is the 9th largest in India, with an annual gross state product (GSP) of ₹9.78 lakh crore (US$131.98 billion) in 2020–2021
• Per-capita GSP of Kerala during the same period is ₹257,711 (US$3,200), the sixth largest in India
• In 2019–20, the tertiary sector contributed around 63% of the state's GSVA, compared to 28% by secondary sector, and 8% by primary sector.
• State’s Per Capita income is 50% above National per Capita Income.
• The service sector also experienced the highest relative growth in workforce population ratio, from 36.46 percent in 1987-88, to 49.03 percent in 2011-12,marking an increase of 12.57 percent.