Services Sector — MCQ Practice
Interactive MCQ Practice
Test your knowledge. Click “Solve” to reveal options, select your answer, then check the result. 5 questions available.
Which of the following characteristics are NOT typically associated with services? 1. Intangibility 2. Perishability 3. Homogeneity 4. Inseparability Select the correct answer using the code given below:
Consider the following statements regarding India's services sector: 1. It is the largest contributor to India's Gross Domestic Product (GDP). 2. Information Technology (IT) and IT-enabled Services (ITeS) are the dominant components of India's services exports. 3. The share of the services sector in total employment is higher than its share in GDP. Which of the statements given above is/are correct?
Which of the following is NOT one of the four modes of supply for services trade as defined under the WTO's General Agreement on Trade in Services (GATS)?
Consider the following statements regarding the 'Services Trade Policy 2023' (strategic thrust) and related initiatives in India: 1. It aims to boost services exports by promoting India as a global services hub. 2. The Production Linked Incentive (PLI) scheme for IT hardware directly falls under this policy to incentivize software development. 3. UPI's international expansion is a key component of India's strategy to promote digital services trade. Which of the statements given above is/are correct?
Which of the following regulatory bodies is primarily responsible for regulating the telecommunications sector in India?