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 does the term “national income” refer to?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
View QuestionWhich of the following is NOT an example of an indirect tax?
View QuestionWhich of the following is a feature of monopolistic competition?
View QuestionWhat is meant by “structural unemployment”?
View QuestionWhat is a “repo rate”?
View QuestionWhich of the following sectors contributes the most to India’s GDP?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhat is the term for the price at which demand and supply in a market are equal?
View QuestionWhich organization is responsible for estimating India’s Gross Domestic Product (GDP)?
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