Question : Which sector of the Indian economy has witnessed significant growth due to the outsourcing of services from other countries?
Option 1: Agriculture
Option 2: Manufacturing
Option 3: Information Technology (IT)
Option 4: Mining
Correct Answer: Information Technology (IT)
Solution : The correct answer is (c) - Information Technology (IT).
India has emerged as a global leader in IT services outsourcing, with a large number of multinational companies outsourcing their software development, customer support, back-office operations, and other IT-related services to Indian companies.
The outsourcing of IT services to India has been driven by factors such as cost advantages, availability of a skilled English-speaking workforce, a robust IT infrastructure, and a favorable business environment. Indian IT companies have established a reputation for delivering high-quality services, leading to increased demand for outsourcing from countries around the world.
Question : Which sector of the Indian economy is responsible for the largest employment generation?
Option 3: Services
Question : Which sector is commonly associated with outsourcing in the global economy?
Option 1: Information technology (IT)
Option 3: Agriculture
Option 4: Healthcare
Question : Which sector of the economy contributes the most to human capital formation?
Question : The tertiary sector of the Indian Economy is related to ____________.
Option 1: manufacturing sector
Option 2: agriculture and related sectors
Option 3: electricity and coal
Option 4: transport, communication and business/services
Question : Which sector is the largest employer in the Indian economy?
Option 4: Construction
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile