Question

    Which of the following was identified as a critical

    factor for sustaining growth in India's services sector, as discussed in the Economic Survey 2023-24?
    A Continued reliance on low-cost labor Correct Answer Incorrect Answer
    B Investment in digital infrastructure Correct Answer Incorrect Answer
    C Protectionist trade policies Correct Answer Incorrect Answer
    D Focus on traditional service models Correct Answer Incorrect Answer
    E Reduction in service sector taxes Correct Answer Incorrect Answer

    Solution

    The Economic Survey 2023-24 identifies investment in digital infrastructure as a critical factor for sustaining growth in India's services sector. Enhancing digital connectivity and promoting innovation are key to maintaining the sector's competitive edge in global markets.

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