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 Services Sector 28 Flashcards |
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The services sector contributed over ___% to India's GDP during the period of 2001-12. |
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62% |
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Fill in the blank: The Economic Survey 2014-15 favored the ___ sector over the services sector for driving growth. |
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Manufacturing |
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What was the year-on-year growth rate of bank credit to the services sector in November 2022? |
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21.3% |
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True or False: India's services exports decreased by 27.7% in April-December 2022. |
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False. India's services exports grew by 27.7% in that period. |
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What percentage of the pre-pandemic level did global tourism reach by January-September 2022? |
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63% |
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What was the significant impact of the COVID-19 pandemic on the real estate sector? |
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It led to project delays, deferment of big-ticket purchases, stagnation of property prices, and scarce funding. |
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True or False: The Wholesale Price Index (WPI) for construction materials decreased from December 2021 to December 2022. |
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False. The WPI for construction materials increased during that period. |
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Fill in the blank: The Jan Dhan-Aadhaar-Mobile (JAM) trinity provides a foundation for ___ financial services. |
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Digital |
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What is the expected annual growth rate of India’s e-commerce market through 2025? |
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18% |
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True or False: The DDE platform aims to enhance physical document processing in financial services. |
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False. The DDE platform aims to eliminate the need for physical document processing. |
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True or False: The government has abolished the distinction between manufacturing and services MSMEs. |
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True. |
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Fill in the blank: The G20 presidency offers a unique chance to promote India as a major ___ destination. |
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Tourism |
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What is the anticipated growth of Medical Value Tourism (MVT) in India by 2022? |
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USD 13 billion |
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What is the projected increase in cargo movement on National Waterways during 2021-22? |
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30.1% |
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