Question
With reference to service sector in India, Consider the
following statements: 1. The share of Services in GVA has been steadily rising for the last 5 years. 2. Software exports comprise nearly half of total services exports from India. Which of the statements given above is/are incorrect?Solution
● Statement 1 is Incorrect: According to different estimates the The share of Services in GVA has been fluctuated in last 5 years (partially owing to Pandemic and to government efforts to boost manufacturing) ● Statement 2 is correct: According to Economic Survey 2022-2023 Software and business services together constitute more than 60 per cent of India’s total services exports and exhibited strong growth during Q2FY23. They remained resilient in the background of Pandemic with higher demand for digital support, cloud services and infrastructure modernisation.
Who won the 2025 ICC U-19 Cricket World Cup, defeating India in the final?
MIBOR, is calculated by –
Which of the Indian Port is also known as the ‘Queen of Arabian Sea’?
Army Day is celebrated on:
Under the India Semiconductor Mission (ISM), what was the total outlay for the Programme for Development of Semiconductors and Display Manufacturing Eco...
In which Indian city External Affair Minister Sushma Swaraj inaugurated the Bharat-ASEAN Maitri park?
Which nation was recently admitted to the BRICS New Development Bank (NDB)?
. ‘YOUR FAITHFUL AND FRIENDLY FINANCIAL PARTNER’ is the tag line of which Bank?
The Indian Express was started by whom?
Which of the following are the unitary features of the Indian Constitution?
1. Integrated judiciary
2. Single citizenship
3. Suprem...
Relevant for Exams:
