Question

(a) Increasing income level is one of the
reasons for growth of service industry.
(Write True or False)​

Answer 1

Increasing income level is one of the reasons for the growth of the service industry. - True

• The service sector, which has risen impressively since liberalization, remains the primary contributor to GDP in India.  
• A gradual rise in considerable income and the possible increase in per capita income is an indication of the rise in the specific amount of general wealth.  
• With sales growth, individuals naturally start to demand services that can instantly make their lives more comfortable.