UPPSC PCS 2023 · Question 35 of 150

According to Economic Survey 2023 about services, which statement among the following is not correct?

Economy

ACredit growth to services is above 16% since July, 2022.
B75 digital banking units announced for transforming financial services.
CP .M.I services witnessed strongest expansion since July, 2022.
DFashion, grocery and general merchandise will be captured nearly two-third of the Indian e-commerce market by 2030.Correct

Answer: D. Fashion, grocery and general merchandise will be captured nearly two-third of the Indian e-commerce market by 2030.

Explanation

l Robust expansion in PMI (Purchasing Managers' Index) services has been observed since July 2022. l Emerging categories of fashion, grocery, and general merchandise would capture two third of the Indian e-commerce market in the next four years (2027) to power its growth, according to Economic Survey 2022-23.

Source: edurev.in solved-paper compilation (OSWAAL 15-Years UPPSC Prelims Solved Paper)

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