CA CPT Jun 2017 Question Paper General Economics for online practice
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Question : 47 of 50
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Which of the following may be attributed for fast growth of service sector in India?
I.Technical, structural changes have made it more efficient to outsource certain services being they were once produce within the industry.
II.It has been noticed elasticity of income for services is greater than 1.
III.Revolution in IT has become more possible to deliver services over long distance at reasonable cost.
IV.Reform in certain segments in infrastructural services has been contributed to growth of services:
I.Technical, structural changes have made it more efficient to outsource certain services being they were once produce within the industry.
II.It has been noticed elasticity of income for services is greater than 1.
III.Revolution in IT has become more possible to deliver services over long distance at reasonable cost.
IV.Reform in certain segments in infrastructural services has been contributed to growth of services:
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