Global MCQ Practice

Part of: Maharashtra Gk set 32

In the year 2018, Which state stood first in terms of GDP?

Category: Maharashtra Gk

Hint: Consider the industrial and service sector contributions of each state.

Correct Answer: B) Maharastra

Exam Relevance: UPSC, SSC, Bank PO, State PSC

Difficulty: Moderate

Explanations:
  • Industrial Sector: Maharashtra has a well-developed industrial sector, with major industries such as automotive, pharmaceuticals, and textiles. The presence of large industrial hubs like Mumbai and Pune contributes significantly to the state's GDP.
  • Service Sector: The service sector, particularly the financial and IT sectors, plays a crucial role in Maharashtra's economy. Mumbai, being the financial capital of India, houses numerous financial institutions, banks, and multinational corporations, which contribute substantially to the state's GDP.
  • Infrastructure: Maharashtra has a well-developed infrastructure, including transportation, communication, and energy, which supports its economic activities and attracts investments.
  • Population and Urbanization: With a large population and high levels of urbanization, Maharashtra has a significant consumer base and a skilled workforce, which supports economic activities and contributes to GDP growth.
    • Option Analysis:
    • Option A: Tamil Nadu is a significant economic state but did not rank first in GDP in 2018. Its economy is strong, but it is surpassed by Maharashtra in terms of total GDP.
    • Option B: Maharashtra stood first in terms of GDP in 2018 due to its robust industrial and service sectors, which contribute significantly to the state's economic output.
    • Option C: Gujarat is a major industrial state but did not rank first in GDP in 2018. Its economy is strong, but it is outperformed by Maharashtra in terms of total GDP.
    • Option D: Karnataka is a significant economic state, particularly due to its IT sector, but it did not rank first in GDP in 2018. Its economy is strong, but it is surpassed by Maharashtra in terms of total GDP.

    Mnemonic: M for Maharashtra, M for Money

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