Which statement best describes India?

Projected to become a leading world economic power, it provides information technology and software services to other countries.

Formerly part of the Soviet Union, it is now an independent, industrialized nation governed by a Maharajah.

Moving from underdeveloped nation to developing nation, it provides agricultural products to all of Southeast Asia.

Once a developing nation, it is now an urbanized country with an economy based on oil.

Question

History

Karina Lindsey

23 September, 11:05

Which statement best describes India?

Projected to become a leading world economic power, it provides information technology and software services to other countries.

Formerly part of the Soviet Union, it is now an independent, industrialized nation governed by a Maharajah.

Moving from underdeveloped nation to developing nation, it provides agricultural products to all of Southeast Asia.

Once a developing nation, it is now an urbanized country with an economy based on oil.

+3

Answers (1)

Know the Answer?

Karissa Acevedo · Answer 1

Projected to become a leading world economic power, it provides information technology and software services to other countries.

Explanation:

The economic growth of India hasn't had a down year in this century, and since 2014 it expanded at around 7 percent per year. In India, the IT sector is a significant part of the economy of the country. In 2017, IT and its multiple sub-sectors accounted for nearly eight percent of the overall GDP of the country. Making a contribution of roughly 55 percent of market share to Global Services Sourcing Business in 2017-18, India continues to increase at a faster rate compared to the global IT-BPM industry.