Which of the following is the most important source of India's foreign exchange earnings?

CA Foundation · Business Economics · RTP · January 2026
Which of the following is the most important source of India's foreign exchange earnings?
(A) A. Industrial exports
(B) B. Remittances from Indians working abroad
(C) C. Tourism
(D) D. Services exports, especially IT and software

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. Services exports, especially IT and software

Topics: Indian Economy

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