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.
- A customer bought a refrigerator at a 15% discount. If he had received a 30% discount, he would have saved ₹4500 more.Find the market price of the refrig...
The cost price of a refrigerator and a washing machine is Rs. 50,000 and Rs. 90,000, respectively. The shopkeeper sold the washing machine and the refri...
A merchant bought a product for Rs. ‘a’ and marked it 120% above its cost price. He then sold it after giving two successive discounts of 600 and 10...
Rahul purchased 300 pens, which was 25% more than the number of notebooks purchased by him. He sold each pen at the rate of Rs. 10 for 5 and sold each n...
Ratio of the cost price of article ‘A’ to ‘B’ is 4:7, respectively. Article ‘A’ is marked up by 40% above its cost price and then sold at a ...
- An item with a marked price of Rs. 2500 is sold for Rs. 1600 after giving two consecutive discounts of x% each. What is the value of x?
The cost price of two dozen bananas is Rs. 48 after selling 18 bananas at the rate of Rs. 18 per dozen, the shopkeeper reduced to rate of Rs. 12 per doz...
- A shopkeeper marked an item at Rs. 1000. The discount given on it is equal to 40% of the difference between marked price and cost price. If he made a profi...
Pritam went shopping to buy a shoes, the shopkeeper asked him to pay 14% tax if he wants a bill. If not you can get 6% discount on the actual price of ...
The cost price per kg of sugar types 'X' and 'Y' is Rs. 80 and Rs. 150 respectively. These are blended to form a mixture which is sold at Rs. 184 per kg...
Relevant for Exams:
