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Q24.2. Growth rate of the manufacturing industries since 2003 isA. 7 to 8%B.8to9%C.9to10%D. 10to11% |
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Answer» Answer: C. 9 to 10% Explanation: The share of manufacturing SECTOR in the GDP (GROSS Domestic PRODUCT) has been stagnant at 17% over the last two decades. The total contribution of industry to the GDP is 27% out of which 10% comes from MINING, quarrying, electricity and gas. The growth of the manufacturing sector had been 7% in the last decade. Since 2003, the growth rate has been 9 to 10% per annum. The desired growth rate over the next decade is 12%. |
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