Q. Which of the following are major components of India's services sector?- Information Technology (IT) and Business Process Outsourcing (BPO)
- Financial services including banking and insurance
- Trade, transport, and telecommunications
- Oil refining and steel production
Select the correct option from the codes given below:
Answer:
Only 1, 2 & 3
Notes: India's services sector comprises IT and IT-enabled services, banking, insurance, trade, transport, and telecommunications. Oil refining and steel production are part of the industrial sector and not classified under services. Thus, only 1, 2, and 3 are correct.