CTET PAPER II 2018 · PYQ · Reading Comprehension · easy
What do the NASSCOM statistics about Indian IT exports indicate?
A.Drop in demand for IT services by Europe and the US✓ Correct
B.Indian IT firms charge exorbitantly for their services
C.India has lost out to other emerging IT hubs
D.The Indian IT sector should undergo restructuring
Explanation
The passage cites NASSCOM's forecast that the growth rate of India's IT exports to the US and Europe will drop to at most 7%, down from 16% the previous year and 29% in 2007-08. This decline in growth rate of exports directly indicates a drop in demand for Indian IT services from these markets due to the recession. Option (1) is correct.
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