New NABARD Workshop - Last 4 year trend. March 5 at 5 PM. Register here

    Question

    With reference to the service sector in India, which of

    the following statements is/are incorrect?       I.        The share of Services in GVA has been steadily rising for the last 5 years.     II.        Software exports comprise nearly half of total services exports from India.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Both are incorrect Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    According to different estimates the share of Services in GVA has fluctuated in the last 5 years (partially owing to the Pandemic and to government efforts to boost manufacturing).

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