Which of the following has been a major driver of service sector growth in India?
A. Decline in domestic and global demand
B. IT and IT-enabled services, liberalisation and rising incomes
C. Only growth in agricultural productivity
D. Complete restriction on foreign investment in services
Answer: Option B
Solution (By JKSSB Mock Tests)
The expansion of IT and ITES, financial services, trade and tourism, supported by liberalisation and rising incomes, has driven the rapid growth of India's service sector.
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