Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Service Sector Growth Areas
Post-reform growth has been concentrated in service sector areas such as:
- Agriculture and mining
- Telecommunication, IT, finance, entertainment, travel, hospitality, real estate — Correct Answer
- Manufacturing and textiles only
- Small-scale industries only
Explanation:
Correct Answer Explanation
Growth concentrated in telecom, IT, finance, entertainment, travel and hospitality services, real estate and trade.
Key Points:
- Rather than agriculture and industry which provide livelihoods to millions.
- This has increased income only of high-income groups.
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This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
