Cotton accounts for 11.5 percent of value added in agriculture. How much it accounts in GDP ?
Correct answer: D. 2.7%
- A. 20%
- B. 4%
- C. 3.5%
- D. 2.7%
Explanation
Cotton’s 11.5% share of agricultural value added amounts to about 2.7% of total GDP after allowing for agriculture’s roughly one-fourth share in GDP. The 11.5% figure should not be treated as a GDP percentage directly.
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Pakistan's economy is examined through agriculture, industry, services, trade, remittances, employment, population, poverty and regional development. The topic also covers GDP and national income, inflation, fiscal and monetary policy, taxation, public debt, the balance of payments, energy constraints and structural challenges, including the role of the State Bank and development planning.
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