Consider the following countries : 1. China 2. Spain 3. India 4. Russi;s 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?

examrobotsa's picture
Q: 124 (CAPF/2018)
Consider the following countries :
1. China
2. Spain
3. India
4. Russi;s
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?

question_subject: 

Economics

question_exam: 

CAPF

stats: 

0,0,41,5,17,12,7

keywords: 

{'above countries': [0, 0, 0, 1], 'countries': [1, 0, 2, 6], 'correct ascending order': [0, 0, 0, 4], 'china': [1, 0, 1, 2], 'services sector': [0, 0, 1, 4], 'india': [8, 1, 7, 13], 'gva': [0, 0, 0, 1], 'gross value': [0, 0, 0, 3], 'spain': [12, 3, 9, 5]}

The correct answer is option 1: 1, 2, 3, 4.

This means that China has the highest share of services sector to Gross Value Added (GVA) during the period 2001-2015, followed by Spain, India, and finally Russia.

The services sector refers to the portion of the economy that is focused on providing intangible goods or services, such as banking, retail, healthcare, and transportation. The Gross Value Added (GVA) is a measure of the contribution of each sector to the overall economy.

In this case, the question is asking for the ascending order, which means we need to arrange the countries from the lowest to the highest share of services sector to GVA.

Option 2, 3, and 4 are incorrect because they either include incorrect order or incorrect countries.

It is important to note that the given answer assumes that the question is referring to the data specifically for the period 2001-2015. If the period were different, the order may also be different.

Therefore, the correct ascending order of the countries in terms of their share of services sector to GVA during the period 2001-2015 is 1, 2, 3,