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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.
Mohenjodaro is situated on the bank of which river?
Famous actor, Naseeruddin Shah was born in which district?
What type of soil is most suitable for growing watermelons?
Which state is going to host 36th National Games?
In which country is the Wimbledon tennis competition organized?
Who became the winner of the Tel Aviv Open title held in Israel?
Which of the following is NOT a result of endogenic forces?
Abode of Unicorns, a memorial for rhinos using burnt ashes of them took six months to complete it has been constructed in the state?
The Legislative Council of Uttar Pradesh was constituted for the first time under which of the following Acts?
The Donyi Polo Airport is the state’s new third Airport, it is being constructed in which of these states?