A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct as the RBI conducts the annual survey on International Trade in Computer Services. Statement 2 is incorrect because services trade surpluses play a key role in narrowing (not widening) India's Current Account Deficit (CAD).
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.
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2022 · Q33 · General Studies · 2 marks
With reference to "Software as a Service (SaaS)", consider the following statements: 1. SaaS buyers can customise the user interface and can change data fields. 2. SaaS users can access their data through their mobile devices. 3. Outlook, Hotmail and Yahoo! Mail are forms of SaaS. Which of the statements given above are correct? -
2022 · Q67 · General Studies · 2 marks
Consider the following statements: 1. Vietnam has been one of the fastest growing economies in the world in the recent years. 2. Vietnam is led by a multi-party political system. 3. Vietnam's economic growth is linked to its integration with global supply chains and focus on exports. 4. For a long time Vietnam's low labour costs and stable exchange rates have attracted global manufacturers. 5. Vietnam has the most productive e-service sector in the Indo-Pacific region. Which of the statements given above are correct? -
2021 · Q8 · General Studies · 2 marks
Consider the following statements: The effect of devaluation of a currency is that it necessarily 1. improves the competitiveness of the domestic exports in the foreign markets. 2. increases the foreign value of domestic currency 3. improves the trade balance Which of the above statements is/are correct? -
2021 · Q63 · General Studies · 2 marks
Consider the following statements: 1. Moringa (drumstick tree) is a leguminous evergreen tree. 2. Tamarind tree is endemic to South Asia. 3. In India, most of the tamarind is collected as minor forest produce. 4. India exports tamarind and seeds of moringa. 5. Seeds of moringa and tamarind can be used in the production of biofuels. Which of the statements given above are correct? -
2017 · Q2 · GS III · 10 marks
Account for the failure of manufacturing sector in achieving the goal of labour-intensive exports rather than capital-intensive exports. Suggest measures for more labour-intensive rather than capital-intensive exports.