Contribution of Services and Information Technology to India's GDP

Description: This quiz focuses on the contribution of services and information technology to India's GDP. It covers various aspects such as the growth of the services sector, the role of IT in economic development, and the impact of these sectors on employment and overall economic growth.
Number of Questions: 14
Created by:
Tags: indian economics economic impact of services and information technology on india contribution of services and information technology to india's gdp
Attempted 0/14 Correct 0 Score 0

Which sector has consistently contributed the largest share to India's GDP in recent years?

  1. Agriculture

  2. Manufacturing

  3. Services

  4. Construction


Correct Option: C
Explanation:

The services sector has consistently contributed the largest share to India's GDP in recent years, accounting for over 50% of the total GDP.

What is the primary driver of growth in the services sector in India?

  1. Tourism

  2. Financial Services

  3. Information Technology

  4. Retail


Correct Option: C
Explanation:

Information Technology (IT) has been the primary driver of growth in the services sector in India, contributing significantly to the country's economic development.

How has the growth of the IT sector impacted employment in India?

  1. Increased unemployment

  2. Decreased unemployment

  3. No significant impact

  4. Increased employment in specific sectors


Correct Option: D
Explanation:

The growth of the IT sector has led to increased employment in specific sectors, particularly in software development, data analysis, and IT consulting.

Which state in India is known as the 'IT hub' of the country?

  1. Maharashtra

  2. Karnataka

  3. Tamil Nadu

  4. Andhra Pradesh


Correct Option: B
Explanation:

Karnataka, particularly the city of Bengaluru, is known as the 'IT hub' of India due to its concentration of IT companies and professionals.

What is the contribution of the IT sector to India's exports?

  1. Less than 10%

  2. 10-20%

  3. 20-30%

  4. More than 30%


Correct Option: D
Explanation:

The IT sector contributes more than 30% to India's exports, making it a significant contributor to the country's foreign exchange earnings.

Which Indian city is often referred to as the 'Silicon Valley of India'?

  1. Mumbai

  2. Delhi

  3. Hyderabad

  4. Bengaluru


Correct Option: D
Explanation:

Bengaluru is often referred to as the 'Silicon Valley of India' due to its concentration of IT companies, startups, and a thriving technology ecosystem.

How has the growth of the services sector impacted India's overall economic growth?

  1. Negative impact

  2. Positive impact

  3. No significant impact

  4. Impact varies across different sectors


Correct Option: B
Explanation:

The growth of the services sector has had a positive impact on India's overall economic growth, contributing to increased productivity, job creation, and overall economic development.

Which Indian state has emerged as a major hub for IT and IT-enabled services?

  1. Uttar Pradesh

  2. Rajasthan

  3. Madhya Pradesh

  4. Telangana


Correct Option: D
Explanation:

Telangana, particularly the city of Hyderabad, has emerged as a major hub for IT and IT-enabled services, attracting numerous IT companies and professionals.

What is the primary reason for the rapid growth of the IT sector in India?

  1. Government subsidies

  2. Availability of skilled labor

  3. Favorable tax policies

  4. Strong infrastructure


Correct Option: B
Explanation:

The availability of a large pool of skilled and English-speaking labor has been a primary reason for the rapid growth of the IT sector in India.

Which Indian city is known for its concentration of financial institutions and services?

  1. Chennai

  2. Kolkata

  3. Mumbai

  4. Surat


Correct Option: C
Explanation:

Mumbai is known as the financial capital of India and is home to numerous banks, financial institutions, and corporate headquarters.

How has the growth of the services sector impacted India's trade balance?

  1. Increased trade deficit

  2. Decreased trade deficit

  3. No significant impact

  4. Impact varies across different sectors


Correct Option: B
Explanation:

The growth of the services sector has helped reduce India's trade deficit by increasing exports of IT and other services, leading to a more favorable balance of trade.

Which Indian city is known as the 'City of Dreams' and is a major center for the entertainment industry?

  1. Delhi

  2. Hyderabad

  3. Mumbai

  4. Bengaluru


Correct Option: C
Explanation:

Mumbai is often referred to as the 'City of Dreams' and is a major center for the entertainment industry, including Bollywood, the Hindi film industry.

What is the impact of the growth of the services sector on income inequality in India?

  1. Increased income inequality

  2. Decreased income inequality

  3. No significant impact

  4. Impact varies across different sectors


Correct Option: A
Explanation:

The growth of the services sector has contributed to increased income inequality in India, as the benefits of economic growth have been concentrated among higher-skilled workers and professionals.

How has the growth of the IT sector impacted India's global competitiveness?

  1. Decreased competitiveness

  2. Increased competitiveness

  3. No significant impact

  4. Impact varies across different sectors


Correct Option: B
Explanation:

The growth of the IT sector has enhanced India's global competitiveness by positioning the country as a leading provider of IT services and solutions.

- Hide questions