In the context of Kerala’s economic structure, which of the following are correct?The share of the primary sector in GSVA has been consistently declining from 2020-21 to 2023-24.The secondary sector’s share has increased significantly during the same period.The tertiary sector’s share has been steadily increasing.

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The share of the primary sector in GSVA has been consistently declining from 2020-21 to 2023-24.
The secondary sector’s share has increased significantly during the same period.
The tertiary sector’s share has been steadily increasing.

A1 and 2 only

B1 and 3 only

C2 and 3 only

D1, 2 and 3

Answer:

Primary: Falling from 10.11% (2020-21) to 8.78% (2023-24) ⇒ statement 1 correct.
Secondary: Declined slightly (29.43% → 26.97%), not an increase ⇒ statement 2 incorrect.
Tertiary: Increased from 60.46% → 64.25% ⇒ statement 3 correct.

Related Questions:

Which of the following statements accurately describe the sectors of the Indian economy and related concepts?

The primary sector is characterized by activities that directly utilize natural resources and is often referred to as the agricultural sector.
The secondary sector, also known as the service sector, focuses on providing services rather than manufacturing goods.
The tertiary sector is responsible for manufacturing goods using raw materials from the primary sector.
Economic growth occurs when the primary, secondary, and tertiary sectors operate independently without any interrelation.