Q. Which of the following is/are potential contributions of a thriving services sector in India?
1.Improvement in the quality of life through better healthcare and education.
2.Boosting innovation and entrepreneurship.
3.Increasing dependence on commodity exports.
Select the correct answer using the code given below:
Quarterly-SFG-Jan-to-March
Red Book

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: A
Notes:

Explanation:

  • Services like healthcare and education are crucial for improving quality of life.
  • The sector fosters innovation and entrepreneurship, helping economic diversification.
  • The service sector reduces dependence on commodity exports, not increases it.

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

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