Question 2

According to the Economic Survey for 2013-14, India had the second fastest growing services sector over the 11-year period from 2001 to 2012. Which country had the fastest growing service sector, in the corresponding period?

Solution

India has the second fastest growing services sector with its compound annual growth rate at nine per cent, just below China’s 10.9 per cent, during the last 11-year period from 2001 to 2012, the Economic Survey for 2013-14 said. Russia at 5.4 per cent is a distant third.

Share on Whatsapp Share on Whatsapp

Create a FREE account and get:

All Quant Formulas and shortcuts PDF
170+ previous papers with solutions PDF
Top 5000+ MBA exam Solved Questions for Free

IIFT 2014 Question Paper

According to the Economic Survey for 2013-14, India had the second fastest growing services sector over the 11-year period from 2001 to 2012. Which country had the fastest growing service sector, in the corresponding period?

Login to your Cracku account

Hello! 👋

Ready to Unlock Your Success?

Please Enter Your OTP

Please enter the following details

Create a free Cracku account

Get Started with 5000+ Free CAT Questions & Mock Tests with Detailed Solutions!