Q. The Champion Services Sector Scheme launched by the Government of India primarily focuses on:

[A] Providing subsidies to manufacturing units

[B] Identifying and supporting high-potential services subsectors

[C] Promoting the Make in India initiative

[D] Regulating exports of services

Answer: B
Notes:

Explanation:

  • The Champion Services Sector Scheme was launched to boost the development and competitiveness of select high-potential services sectors such as IT, tourism, education, logistics, and financial services.
  • The objective is to create globally competitive service sectors by addressing sector-specific gaps and enhancing capabilities through targeted interventions.

Source- 11th NCERT: Economics: Indian Economic Development and TMH Indian Economy by Ramesh Singh

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