1. China
2. Spain
3. India
4. Russia
Which one of the following is the correct ascending order of the above countries in terms of their share of services sector to Gross Value Added (GVA) during the period 2001-2015?
Ranking Countries by Services Sector GVA Share
This solution identifies the correct ascending order of China, Spain, India, and Russia based on their services sector's share in Gross Value Added (GVA) between the years 2001 and 2015.
Understanding Services Sector Share
The services sector's share of GVA indicates its relative importance to a country's economy. A higher percentage means the services sector contributes more to the Gross Value Added.
Data Analysis (2001-2015 Estimates)
Based on typical economic data from sources like the World Bank for the period 2001-2015, the approximate average shares are:
- 1. China: Roughly 43%
- 2. Spain: Roughly 72%
- 3. India: Roughly 55%
- 4. Russia: Roughly 58%
Determining Ascending Order
Arranging these countries in ascending order (from lowest to highest services sector share) yields:
- China (Country 1): 43%
- India (Country 3): 55%
- Russia (Country 4): 58%
- Spain (Country 2): 72%
This order corresponds to the numerical sequence 1, 3, 4, 2.
Conclusion
The correct ascending order of the countries by their services sector's share of GVA (2001-2015) is 1, 3, 4, 2.
Important Questions from Industry And Infrastructure
- The classification of Micro, Small and Medium enterprises is based on which of the following factors?
1. Annual turnover
2. Number of workers
3. Investment in plant and machinery or equipment
Select the answer using the codes given below : Match List I with List II and select the correct option from the given codes.
List – I List – II A. Five Indian Institutes of Technology (IITs) were started as major technical institutions IV. First Five-Year Plan B. KVIC (Khadi Village Industries Commission) was set up III. Second Five-Year Plan C. Gadgil Yojna II. Third Five-Year Plan D. The Minimum Needs Program (MNP) was launched I. Fifth Five Year Plan Match List I with List II.
List – I (Thermal Power Plants in India) List – II (States) A. NTPC Ramagundam Super Thermal Power Plant I. Maharashtra B. Mundra Thermal Power Station II. West Bengal C. Mejia Thermal Power Station III. Telangana D. Trombay Thermal Power Plant IV. Gujarat - How many Industrial Area Development Authorities are Working in Jharkhand?
- In which Five-Year plan was Bokaro steel plant established?
