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5Dec19 FS Q26

26Given below are two statements-one labeled as Assertion (A) and the other labeled as Reason (R).
Assertion (A): Information Technology is fast becoming a very important field of activity io India.
Reason (R): Software is one of the major exports of India and further India has a very strong base io hardware.
In the light of the above two statements, choose the correct option:
  • Option : C
  • Explanation :
    According to Reserve Bank of India data the rate of growth of the combined exports of software and IT-enabled services has fallen from 20.8 % in 2012-13 to 14.9 % in 2014-15 and to a low of 7.3 % in 2015-16.
    The ratio of computer hardware imports to exports of computer services, which was falling prior to the 2008 financial crisis has since shown signs of rising.
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