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RAS question

What is the share of Industry sector in Rajasthan's GSVA at current prices in 2024-25?

Correct answer: (C) 27.16%.

In 2024-25, Rajasthan's industry sector accounted for 27.16% of Gross State Value Added at current prices.

  1. (A)

    26.92%

  2. (B)

    28.39%

  3. (C)

    27.16%

  4. (D)

    45.92%

Explanation

Rajasthan's Economic Review 2024-25 gives the industry sector's share in Gross State Value Added at current prices as 27.16% for 2024-25. That is the figure asked here. The review also defines the industry basket as mining and quarrying, manufacturing, electricity, gas, water supply and other utility services, and construction. The main sub-sector shares within GSVA are manufacturing at 11.58%, construction at 9.47%, and mining at 3.30%. This is why 27.16% is the current-price industry share, while nearby figures in the options refer either to agriculture, services, or a constant-price industry measure rather than the asked current-price GSVA share.

Why the other options are wrong

  • (A) 26.92% is the agriculture sector's share in Rajasthan's GSVA for 2024-25, not the industry sector's current-price share.
  • (B) 28.39% refers to the industry sector at constant prices, while the question asks for the GSVA share at current prices.
  • (D) 45.92% is the services sector's share in Rajasthan's GSVA for 2024-25, not the industry sector's share.

Concept

This tests the sectoral composition of Rajasthan's GSVA, a recurring RAS economy area because agriculture, industry and services shares are often asked with current-price versus constant-price traps. The key is to match the sector and the price basis before choosing the percentage.

Source

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