IT & Services Sector

2 questions in Indian Economy.

Asked in 2026, 2001

2026 · Q52 Indian EconomyIT & Services Sectormoderate

An e-commerce revenue model where the seller has control over pricing but doesn’t keep products in stock and instead transfers customer orders and shipment details to a third-party supplier, who then ships the goods directly to the customer, is called :

(a)Dropshipping Model
(b)Affiliate Revenue Model
(c)Transaction Fee Revenue Model
(d)Agency Revenue Model

Show answerHide answer

Official answer(a) Dropshipping Model

2001 · Q30 Indian EconomyIT & Services Sectormoderate

Assertion (A): India's software exports increased at an average growth rate of 50% since 1995-96. Reason (R): Indian software companies were cost-effective and maintained international quality.

(a)Both A and R are individually true, and R is the correct explanation of A
(b)Both A and R are individually true, but R is NOT a correct explanation of A
(c)A is true, but R is false
(d)A is false, but R is true

Show answerHide answer

Official answer(a) Both A and R are individually true, and R is the correct explanation of A