Subject: Economics
Book: Comprehensive Indian Economy
The services sector dominates India’s GDP, fueled by IT/ITeS, financial services, hospitality, and emerging digital platforms. Outsourcing hubs in Bangalore and Hyderabad have put India on the global stage. However, jobless growth concerns persist, given limited employment absorption in high-skill segments. Government policies aim to expand tourism, improve e-governance, and develop knowledge services. For exam prep, analyze how robust service exports contribute to foreign exchange earnings and how technology can drive rural service delivery (telemedicine, e-learning). Also note challenges like data protection, intellectual property rights, and global competition from other IT destinations.
What is the main function of the Reserve Bank of India (RBI)?
View QuestionWhat does “Laissez-faire” policy advocate?
View QuestionWhich of the following measures is most effective in controlling inflation?
View QuestionWhat is “inflation targeting”?
View QuestionWhich of the following is NOT a function of the World Trade Organization (WTO)?
View QuestionWhich of the following is an example of fiscal policy?
View QuestionWhich of the following is a characteristic of “perfect competition”?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhat does “primary sector” of the economy include?
View QuestionWhich of the following is NOT part of the World Bank Group?
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