Economics · Economy
Consider the following statements based on India's Economic Survey data: Statement I: India's share in global services exports has significantly increased, reaching around 4.3 percent in 2023 from 1.9 percent in 2005. Statement II: In the telecommunications, computer, and information services sector, India is the single largest exporter in the world. In the light of the given statements, choose the correct option:
- 1Both Statements I and II are false
- 2Both Statements I and II are true
- 3Statement I is false and Statement II is true
- 4Statement I is true and Statement II is false✓
Correct answer
Statement I is true and Statement II is false
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