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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