INDUSTRIES
INDIAN MINERALS AND INDUSTRIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Indian IT Sector contibutes ____ % to India’s GDP
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15%
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5%
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7.7%
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10%
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Explanation:
Detailed explanation-1: -The share of the IT-BPM sector in the GDP of India is 7.4% in FY 2022. The IT and BPM industries’ revenue is estimated at $227 billion in FY 2022.
Detailed explanation-2: -(i) It has provided employment to over one million people. (ii) This industry is said to be a major foreign exchange earner. (iii) It has helped in the growth of the service sector. (iv) It provides employment to innumerable men and women.
Detailed explanation-3: -The service sector, also called the tertiary sector contributes most of the GDP in India.
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