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.
What is another commonly used name for the river Brahmaputra?
India's largest floating solar power plant was inaugurated and fully operationalised in Tuticorin, Tamil Nadu. Which company inaugurated and fully opera...
The Telecommunications Act, 2023 seeks to repeal which of the following existing legislative frameworks?
Which country inaugurated the 10th International Trade Fair in Bhrikutimandap?
Which of the following is NOT a key component of the Skill India Mission?
Who among the following has/have been honored with “special, posthumous homage” at the Martin Ennals Award in Geneva?
What additional percentage has the Union Cabinet approved for Dearness Allowance and Dearness Relief for Central Government employees and pensioners?
The name of Kevadiya Railway Station of _______ will now be known as Ekta Nagar Railway Station.
What is the purpose of the cross-country bike expedition "Yashaswini" organized by the Central Reserve Police Force?
Which of the following Union Territories or States emerged as top performers in the 2025 PARAKH RS survey?