CAPF AC 2025 Q18: Indian Economy – Infrastructure & Industry
- (a) 1 only
- (b) 2 only
- (c) Both 1 and 2
- (d) Neither 1 nor 2
Answer: (b) 2 only
Explanation
India's services exports (Economic Survey 2024-25)
How to think: the question asks for the statement(s) that are not correct.
Check each number against the Survey.
| Statement | Economic Survey 2024-25 | Verdict |
|---|---|---|
| 1. Share in global services exports more than doubled to about 4.3% in 2023 from 1.9% in 2005 | India's share in world services exports rose from 1.9% (2005) to 4.3% (2023) | Correct |
| 2. Travel and transport are where India's share is larger, at 10.2% and 8.5% | The 10.2% share belongs to telecommunications, computer and information services (India is second in the world); other business services are also a strength. Travel and transport are not the strong areas | Not correct |
So only statement 2 is not correct.
Bank key corrected: the stored key was (d); the right answer is (b).
Answer: (b) 2 only.
Why each option is right or wrong
- (a) Incorrect. Statement 1 is correct, so it cannot be 'not correct'.
- (b) CORRECT. Only statement 2 is not correct; the 10.2% share is for telecom, computer and information services.
- (c) Incorrect. Statement 1 is accurate, so 'both' fails.
- (d) Incorrect. Statement 2 gives a wrong sector for the 10.2% figure.
Key point
India's share in world services exports: 1.9% (2005) to 4.3% (2023), 7th largest exporter. India's strength: telecom, computer and information services (about 10.2% of world exports, second in the world).
Remember
India's global services strength is IT and telecom (10.2%), not travel and transport.
Common mistakes
- Missing the word not and marking the correct statement.
- Attaching India's IT-services strength to travel and transport.
- Assuming a number in a statement is right because it looks precise.
Exam tip
Educated guess: India's services story is IT and business services, not tourism or shipping. A statement that names travel and transport as the strong areas is the likely trap.
Sources
- Economic Survey 2024-25 (Ministry of Finance), Volume 2: Chapter on Services
- PIB, Economic Survey 2024-25: services sector highlights (31 January 2025)