The Software and Related Services Sector Has a Multiplier Effect

question 188

Multiple Choice

The software and related services sector has a multiplier effect on the Indian economy with every one-rupee input spent by theʺ information technology sectorʺ producing an increase in real GDP by two rupees.
According to the story, if__________ in the software and related services sector increases by $15 billion, real GDP will increase by__________ .

• A) consumption; $2 billion.
• B) investment; $2 billion.
• C) consumption; $30 billion.
• D) investment; $30 billion.

---

Definitions:

Grasping

The action of taking hold of something firmly with the hands or utilizing tools to obtain or gather something.

Cutting

The act of making an incision or dividing materials into parts using a sharp tool.

Dilating/probing

The act of expanding or opening wider a body part, often combined with an examination to explore or investigate.

Jewelry

Decorative items worn for personal adornment, such as rings, earrings, bracelets, and necklaces, often made of precious metals and stones.