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  9. Q261

ibps-so 2023 · Question 261 of 323

In the fiscal year 2022-23, what was the Year-on-Year (YoY) growth rate of India's services sector?

  1. A5.2%
  2. B8.4%Correct
  3. C10.1%
  4. D12.7%
  5. E15.3%

Answer: B. 8.4%

Explanation

The services sector accounts for 54 percent of India's Gross Value Added (GVA). The services sector made a remarkable recovery in the fiscal year 2022-23, posting a Year- on-Year (YoY) growth rate of 8.4%.

Source: IBPS SO Prelims Memory Based 2023 (RA/LO) - ixamBee · memory-based

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