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WBCS Main Examination 2023 — Paper V: Indian Constitution and Economy · Question 114 of 200

Q114
Indian EconomyIndustry, MSME & Infrastructure
The Information Technology industry of India has a great potential
  1. a.to generate foreign exchange earnings.
  2. b.to generate employment for the masses.
  3. c.to ensure regional balance in industrial development.
  4. d.None of the above

Answer: (A) to generate foreign exchange earnings.

India's IT and IT-enabled services industry is export-oriented and is one of the country's largest sources of foreign exchange earnings. It employs mainly skilled workers rather than the masses and is concentrated in a few cities, so it does not ensure regional balance.

Q113 Whole paperQ115