2025 · Q18
Which among the following statements regarding India's services export is/are not correct?
- 1India's share in global services export has more than doubled, reaching around 4.3 percent in 2023 from 1.9 percent in 2005.
- 2'Travel' and 'Transport' services represent areas where India holds a relatively larger share in global export, at 10.2 percent and 8.5 percent respectively in 2023. Select the answer using the code given below.
indian-polity-economyfiscal-external
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
Per the Economic Survey 2024-25, India's share in global services exports more than doubled from 1.9% in 2005 to around 4.3% in 2023, so statement 1 is correct. However, India's large global shares are in telecom, computer and information services — not in 'Travel' and 'Transport', whose shares are far smaller — so statement 2's figures of 10.2% and 8.5% are incorrect. The question asks which statement is NOT correct, so the answer is statement 2 only.