RAS question
What is the contribution of Services sector to GSVA at current prices in 2024-25?
Correct answer: (D) 45.92%.
In Rajasthan in 2024-25, the services sector contributed 45.92 per cent to GSVA at current prices, making it the largest sectoral contributor.
Explanation
Rajasthan's Economic Review 2024-25 places the services sector at the centre of the State's GSVA structure. For 2024-25, at current prices and on the advance-estimate basis, services contributed 45.92 per cent of Gross State Value Added. The source also identifies services as the largest contributor, ahead of agriculture and industry. This matters because GSVA measures the value added by sectors within the State economy, and the question asks for the sectoral share at current prices, not growth rate or constant-price value. Therefore, 45.92 per cent is the precise figure for the services sector's contribution to Rajasthan's GSVA in 2024-25.
Why the other options are wrong
- (A) 50 per cent overstates the services-sector share; the cited Economic Review gives the 2024-25 current-price GSVA contribution as 45.92 per cent.
- (B) 40 per cent understates the services-sector share; the official figure for 2024-25 at current prices is 45.92 per cent.
- (C) 27.16 per cent belongs to the industry sector's GSVA contribution, not to services.
Concept
This tests sectoral composition of Rajasthan's economy under GSVA at current prices. It recurs in RAS because Economic Review tables often frame direct questions on agriculture, industry and services shares.