Tourism Services

  1. Tourism is a major contributor to India’s economy, accounting for 9.2% of GDP and employing around 42 million people.
  2. India ranks among the top destinations for cultural, heritage, and medical tourism.
  3. Popular tourist attractions include UNESCO World Heritage sites like the Taj Mahal and cultural festivals like the Kumbh Mela.
  4. Tourism generates significant foreign exchange earnings (FEE), contributing approximately $30 billion annually.
  5. Key initiatives include the Incredible India campaign and schemes like the Swadesh Darshan and PRASHAD programs.
  6. The medical tourism sector in India is growing due to affordable healthcare and world-class facilities.
  7. Challenges include inadequate infrastructure, safety concerns, and seasonality in tourism demand.

Banking Services

  1. The banking sector in India plays a pivotal role in the country’s economic growth.
  2. Comprises public sector banks (PSBs), private banks, regional rural banks (RRBs), and cooperative banks.
  3. India has witnessed a surge in digital banking with initiatives like the Unified Payments Interface (UPI), internet banking, and mobile wallets.
  4. Financial inclusion programs like the Pradhan Mantri Jan Dhan Yojana (PMJDY) have brought millions into the formal banking system.
  5. The Reserve Bank of India (RBI) regulates and oversees the banking sector in India.
  6. Non-Performing Assets (NPAs) remain a critical challenge for public sector banks.
  7. The banking sector contributes significantly to credit availability, investment, and economic stability.
  8. Emergence of fintech companies and neo-banks is transforming the banking landscape.

Education Services

  1. The education sector is a critical component of India’s services economy, impacting human capital development.
  2. India has the world’s largest network of higher education institutions, with over 1,000 universities and 40,000 colleges.
  3. Gross Enrollment Ratio (GER) in higher education has steadily increased, reaching around 27.1% in recent years.
  4. Government initiatives like Samagra Shiksha Abhiyan and NEP 2020 aim to transform the education landscape.
  5. Growth of online education platforms and e-learning is making quality education accessible to remote areas.
  6. Challenges include inequality, infrastructure deficits, and a gap between education and employability.
  7. The sector contributes to export earnings through international students and collaborations with global universities.
  8. Private players and EdTech companies like Byju’s and Unacademy are reshaping the education system.

Combined Contributions

  1. The tourism, banking, and education sectors collectively contribute a substantial share to GDP and employment in India.
  2. They are critical for fostering economic growth, foreign investments, and social development.
  3. Each sector plays a unique role in building a sustainable and inclusive economy.

Challenges and Opportunities

  1. While these sectors face challenges like regulatory hurdles, global competition, and infrastructure issues, they hold immense growth potential.
  2. Increased focus on digital transformation, skill development, and policy support can drive their future growth.

Category

Questions

  1. What is the contribution of the tourism sector to India's GDP?
  2. Which scheme promotes rural tourism in India?
  3. What is the primary objective of the Indian Banking Regulation Act, 1949?
  4. Which is the apex body governing the banking system in India?
  5. What does the term NPA stand for in banking?
  6. Which Indian city is known as the financial capital of India?
  7. Which government initiative focuses on improving primary education in India?
  8. What is the major challenge faced by the tourism sector in India?
  9. Which of the following is a heritage tourism destination in India?
  10. Which is the highest regulatory authority for education in India?
  11. What is the main function of the National Tourism Policy in India?
  12. Which banking reform introduced ATMs in India?
  13. Which Indian state is the largest contributor to domestic tourism?
  14. What does the term PSL stand for in the Indian banking sector?
  15. Which international campaign promotes India as a global tourism destination?
  16. What is a key challenge faced by the Indian education sector?
  17. Which bank is the largest public sector bank in India?
  18. What is the primary objective of the Pradhan Mantri Kaushal Vikas Yojana?
  19. What is the role of NABARD in the Indian banking sector?
  20. Which Indian state is known for backwater tourism?
  21. What is the key purpose of the Indian National Education Policy (NEP 2020)?
  22. Which type of tourism is focused on preserving nature and culture?
  23. Which institution regulates foreign exchange in India?
  24. Which government scheme aims to promote higher education accessibility?
  25. What is the primary role of the Indian Institute of Banking and Finance (IIBF)?
  26. Which state is famous for the "Golden Triangle" tourism circuit in India?
  27. Which city is known as the education hub of India?
  28. What does CRR stand for in the banking system?
  29. Which tourism type is driven by health and wellness needs?
  30. What is the purpose of the PMJDY (Pradhan Mantri Jan Dhan Yojana)?
  31. Which Indian region is famous for educational tourism?
  32. What is the primary source of revenue for the tourism sector in India?
  33. Which bank is the first in India to be fully digital?
  34. Which city is known as the "Spiritual Capital of India"?