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MCQs 2026

1181.
What role does the skilled workforce play in the success of Indian IT companies?
A It leads to higher costs and reduced competitiveness.
B It helps them secure major contracts and expand globally.
C It limits their ability to innovate.
D It makes them dependent on foreign expertise.
1182.
The IT and BPO segments are driven by global demand for:
A Manual labor
B Traditional industries
C Digital transformation and related services
D Raw material extraction
1183.
What is a potential challenge for the services sector exports?
A Increased global demand for digital services
B Global economic slowdowns
C Reduced competition
D Lower cost of services
1184.
The services sector is crucial for India's economic diversification and its aspiration to become a:
A Global manufacturing hub
B Global services hub
C Global agricultural exporter
D Global energy producer
1185.
What inherent strengths of India's services sector help it maintain growth momentum?
A High operational costs and limited talent
B Cost-effectiveness and high-quality talent pool
C Dependence on imported services
D Lack of innovation
1186.
Government initiatives promoting digital infrastructure contribute to:
A Decreased competitiveness of the services sector
B Increased competitiveness of the services sector
C Reduced foreign exchange earnings
D Limited global footprint
1187.
Which of the following is NOT mentioned as a service segment witnessing steady growth?
A Professional and management consulting
B Financial services
C Oil and gas extraction
D Healthcare services
1188.
What strengths have Indian IT companies leveraged to secure global contracts?
A High labor costs and limited technological adoption
B Skilled workforce and technological prowess
C Reliance on imported technology
D Lack of innovation
1189.
What global demands are fueling the growth in IT/BPO services?
A Traditional manufacturing processes
B Digital transformation services, cloud computing, and data analytics
C Fossil fuel exploration
D Manual labor services
1190.
Which segments are the primary drivers of India's services sector export growth?
A Agriculture and manufacturing
B Information Technology (IT) and Business Process Outsourcing (BPO)
C Mining and heavy industry
D Textiles and handicrafts