India's Global Services Exports Share Revealed
The Economic Survey is a significant document that provides a comprehensive overview of the country's economic status and performance. It often highlights key achievements and positions India holds on the global stage.
According to the details presented in the Economic Survey 2024-25, India has secured a notable position in international trade. Specifically regarding global services exports, the survey indicates that India holds the seventh largest share.
Understanding India's Position
This ranking reflects India's growing capabilities and competitiveness in the global services sector. Key areas contributing to this include IT services, business process outsourcing, and other knowledge-based services.
- Source: Economic Survey 2024-25
- Metric: Share in Global Services Exports
- India's Rank: Seventh (7th)
This achievement underscores the strength and resilience of India's services sector in the international market.
Important Questions from Economic Survey 2024-25
- Arrange the following countries based on the market capitalization to nominal GDP ratio at the end of December 2024 in ascending order (as per the Economic Survey 2024-25).
A. U.K.
B. India
C. China
D. Brazil
Ε. Japan
Choose the correct answer from the options given below: - Which of the following is excluded from headline inflation to arrive at core inflation?
1. Energy prices
2. Gold prices
3. Automobile prices
4. Share prices - Total foodgrain production (in million tonnes) in India for the year 2022-23 is
1. 315.62
2. 329.69
3. 332.30
4. 310.74 - In which of the following year India had a surplus in its current account?
1. 2018-19
2. 2019-20
3. 2020-21
4. 2021-22 - The direct tax to GDP ratio in India for the year 2022-23 is
1. 5.23
2. 6.78
3. 5.97
4. 6.11
