Question

According to Economic Survey 2023 about services, which statement among the following is not correct?

  1. Credit growth to services is above 16% since July, 2022.
  2. 75 digital banking units announced for transforming financial services.
  3. Fashion, grocery and general merchandise will be captured nearly two-third of the Indian e-commerce market by 2030.
  4. P.M.l. services witnessed strongest expansion since July, 2022.

Answer:

Option C: Fashion, grocery and general merchandise will be captured nearly two-third of the Indian e-commerce market by 2030.

Detailed Solution:

The correct answer is “Fashion, grocery and general merchandise will be captured nearly two-third of the Indian e-commerce market by 2030.”.

Option 3 is incorrect