Economy, asked by nandamuni, 1 year ago

mention any one factor responsible for the growth of service sector in Indian economy

Answers

Answered by jyoti111998
11
(i) Development of means of transport and com-munication due to globalization.
(ii) Development of banking and insurance sector
due to the policy of privatization.
(iii) Expenditure on the development of infrastructure.
(iv) Investment in different service sectors due to
indigenous and foreign institutional investment.
(v) Rapid industrialisation.
(vi) Development of agriculture due to Green Revolution.

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Answered by ramchandra277301
0

Explanation:

Development of banking and insurance sectors

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