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UPSC 2003: Consider the following statements: 1. In the last five years, Indian software exports have increased at a compound annual growth rate of about 60%. 2. The software and service industry in India registered an overall growth of about 28% in rupee terms during the year 2001-2002. Which of these statements is/are correct?
(a)Only 1
(b)Only 2
(c)Both 1 and 2
(d)Neither 1 nor 2
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Not attemptedCorrect Answer: (c) Both 1 and 2
Contemporary NASSCOM data used by UPSC showed (1) software exports growing at roughly 60 % compound annual growth during the previous five years and (2) overall software-and-services revenue rising about 28 % (in rupee terms) in 2001-02; therefore both statements were considered correct at the time. ([civilserviceindia.com](https://www.civilserviceindia.com/upsc_questions/GeneralStudies-2003%28pre%29solved.htm?utm_source=openai))
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What is the correct answer to this UPSC 2003 Indian Economy question?▼
The correct answer is option (c): Both 1 and 2. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Infrastructure & Industry question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2003, GS Paper 1, as Question 82. It falls under Indian Economy > Infrastructure & Industry.
What is the difficulty level of this UPSC question?▼
This question is rated "difficult". It is a challenging question that demands deep subject knowledge and analytical thinking.
How many UPSC Prelims questions have been asked from Infrastructure & Industry?▼
UPSC has asked 74 questions from Infrastructure & Industry (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.