Question
Consider the following statements. 1. Owing to
Covid-19 pandemic, India lost its dominance in the world services trade in FY22. 2. Software and business services together constitute more than 60% of India’s total services exports. 3. Weak tourism sector contributed to the loss of dominance. Which of the statements given above is/are correct?Solution
India maintained its dominance in the world services trade in FY22. Despite pandemic-induced global restrictions and weak tourism revenues, India’s services exports stood at USD 254.5 billion in FY22 recording a growth of 23.5% over FY21 and registered a growth of 32.7% in April-September 2022 over the same period of FY22. Hence, statements 1 and 3 are not correct. Software and business services together constitute more than 60% of India’s total services exports and exhibited strong growth during Q2FY23. While strong revenues in major information technology (IT) companies from various segments such as retail and consumer business; communications and media; healthcare; and banking, financial and insurance services drove the growth in software exports, a significant pick-up in engineering, and research and development related services boosted the growth in business services exports during the quarter. Hence, statement 2 is correct.
Which of the following Fundamental Rights is available to both the citizens and non-citizens?
In which of the following cases, the Supreme Court of India propounded ‘Rarest of Rare’ rule for awarding death sentence?
Under which act APEDA (Agricultural and Processed Food Product Export Development Authority) was established in 1985?
An agreement enforceable by law is _________________
Ameena is a victim of rape and has suffered injuries, she reaches the hospital nearby and the doctors refuse to take her case. Are the doctors committin...
Unclaimed documents for a period exceeding ……….. may be destroyed.
Under Section 144 of the Bharatiya Nyaya Sanhita, what is the punishment for a person who knowingly engages a trafficked child in sexual exploitation?
As per Section 24A of SEBI Act, compounding of offence by Securities Appellate Tribunal can be done
Penalties under the Act may extend up to:Â
“The law regarding dying declaration is that it is an exception to the general rule against hearsay evidence elaborated in section 60 of the Evidence...