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Question

In recent years, India is earning large foreign exchange through the export of which of the following?

A
Ores and Minerals
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B
Information Technology
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C
Agricultural Products
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D
Electrical goods
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Solution

The correct option is B Information Technology
In recent years, India is earning large foreign exchange through the export of information technology. The information technology in India is comprised of two-component, viz., Business Process Outsourcing (BPO) and IT services. The sector has increased its contribution to India's GDP from 1.2% in 1988 to 7.7% in 2017.

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