Software
exports exceed target
The turnover
of Indian IT industry for the Year 2000-2001 was Rs.68,700 crore. It was
Rs.37,080 crore in 1999-2000. In the last five years(1995-2000), the Indian
IT industry has recorded a C.A.G.R. (Compounded Annual Growth Rate) of
more than 42.4 percent, which is almost double the growth rate of IT industries
in developed countries.
The IT manufacturing
sector is growing at an average rate of 30 to 35 percent annually over
the past decade. And the industry has over 150 major hardware players supported
by over 800 ancillary units and small time vendors engaged in sub-assemblies
and equipment manufacturing.
According
to IT Ministry sources, the hardware, sector turnover was Rs.30,700 crore
(2000-01) against the original projections of Rs.62,850 crore.
Software exports
logged a turnover of Rs.28,500 crore as against the projection of Rs.23,100
crore.
Quiz Questions
-
The term bank
assurance refers to : a) Banks distributing insurance products; b) Insurance
agents distributing banking products.
-
Under the basic
travel quota fixed by the government, the maximum foreign exchange a person
is entitled to in a calendar years is: a) US$ 3,000; b) US# 5,000; c) US#
8,000
-
IRDA is the regulatory
body for the following sector : a) Telecom; b) Insurance, c) Banking
-
Real interest
rate equals : a) Nominal interest plus inflation; b) Nominal rate less
inflation; c) Nominal rate
-
Bullion refers
to : a) Only gold; b) Gold and Silver; c) Diamonds.
-
A recession is
technically defined as : a) One year of negative growth; b) Four successive
quarters of negative growth; c) Two successive quarters of negative growth.
-
SBI has launched
its insurance venture in partnership with : a) Templeton; b) Cardiff; c)
Lehmann Brothers
-
The term commonly
used to describe an over-heated stock market is : a) Bubble; b) Bear; c)
Ball
-
Ethical funds
are mutual funds that take into account your : a) Investment goals; b)
Risk Appetite; c) Religious sensitivity.
-
The bank which
pioneered ATMs in India is : a) Citibank; b) Standard Chartered; c) HSBC
Answer
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