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Reports & IndicesMedium

How many livelihoods does the Ayush services sector support, as per the study?

  1. A.1.76 million
  2. B.17.6 million
  3. C.76 lakh
  4. D.4.3 million

Correct answer

A. 1.76 million

Explanation

The correct answer is 1.76 million livelihoods, which the study says the Ayush services sector directly supports, with more than a million of those jobs concentrated in local and standalone clinics. Option B, 17.6 million, is the same digits shifted by one decimal place, a trap for anyone reading quickly. Option C, 76 lakh, is another rewriting of the digits in Indian units and is far above the measured figure. Option D, 4.3 million, plays on 43 per cent, which is the share of women in the Ayush workforce rather than any count of jobs; in several organised segments female participation crosses half, reaching above 60 per cent in spas and resorts offering Ayush services and 58 per cent in educational institutions. So only option A names the employment figure the study reports.

Read the full article: RIS Study Puts Ayush Services Economy at $36.92 Billion

Q1.Reports & IndicesEasy

According to the RIS study, what was the size of India’s Ayush services economy in FY2024-25?

  1. A.US$17.73 billion
  2. B.US$36.92 billion
  3. C.US$1.77 billion
  4. D.US$216 billion
Show answer

Correct answer: B. US$36.92 billion

Explanation

The correct answer is US$36.92 billion, the estimated economic contribution of the Ayush services sector in FY2024-25, growing at a compound annual rate of 16.91 per cent since FY2022-23. Option A, US$17.73 billion, is the revenue of Ayurveda alone, the largest of the six Ayush systems, which is close to 48 per cent of the sector rather than all of it. Option C, US$1.77 billion, is the Medical Value Travel revenue earned in FY25, a narrow slice built on foreign patients who make up only about 5 per cent of patient numbers. Option D, US$216 billion, is the lower end of the projection for 2047, not a present figure at all. Only option B states what the sector was worth in the year the study measured.

Q2.Reports & IndicesMedium

Which organisation carried out the study on the economic contribution of the Ayush services sector?

  1. A.NITI Aayog
  2. B.Research and Information System for Developing Countries (RIS)
  3. C.Indian Council of Medical Research
  4. D.National Statistical Office
Show answer

Correct answer: B. Research and Information System for Developing Countries (RIS)

Explanation

The correct answer is the Research and Information System for Developing Countries, better known as RIS, whose Director General, Professor Sachin Kumar Sharma, presented the findings. RIS is a policy research institute that works on trade and development questions, which is why an economic measurement of a health sector fell to it rather than to a medical body. Option C, the Indian Council of Medical Research, is the apex body for biomedical research in India and plausible at first glance, but it studies health and disease, not the money value of a service industry. Option A, NITI Aayog, is the government think tank and does publish sector reports, yet it did not author this one. Option D, the National Statistical Office, compiles official statistics but did not conduct this establishment-level survey. The survey behind the study covered 15,914 establishments across all six Ayush systems.

Q3.Reports & IndicesHard

Which sub-sector had the only index reading below hundred in July 2026?

  1. A.Repair services
  2. B.Water transport
  3. C.Air transport
  4. D.Postal and courier
Show answer

Correct answer: C. Air transport

Explanation

The correct answer is air transport, whose index stood at 87.8 after a fall of 8.4 per cent over July 2025, the only sub-sector in the release reading below hundred, which means activity was below its own base-year level. Option A is wrong because repair services also contracted, by 5.0 per cent, yet its index was 126.3 and so remained well above hundred: the index measures the level of activity against the base year while the growth rate compares it with a year earlier. Option B is wrong because water transport grew 7.7 per cent in the month. Option D is wrong because postal and courier services grew 8.7 per cent. Air transport and repair services were the only two of the nineteen sub-sectors to record a decline in July 2026, and that pairing is the point worth remembering.

Q4.Reports & IndicesEasy

The trial Index of Services Production released by MoSPI for July 2026 covers how many broad sub-sectors?

  1. A.12
  2. B.15
  3. C.19
  4. D.23
Show answer

Correct answer: C. 19

Explanation

The correct answer is 19. The Ministry of Statistics and Programme Implementation released the sub-sectoral trial Index of Services Production for the month in respect of nineteen broad sub-sectors, computed on the base year 2024-25. Those sub-sectors run from wholesale and retail trade through the transport modes, warehousing, postal and courier services, telecommunications, information and broadcasting, banking, insurance, real estate, information technology, professional and scientific services, administrative and support services and arts, entertainment and recreation. Options A, B and D are wrong because the release names nineteen sub-sectors, and the annexure carries month-wise indices for each of those same nineteen from July 2025 onwards. The ministry also stressed that the series is experimental for the present, published so that data quality and resilience can be examined and feedback gathered from users before it becomes a regular monthly release.

Q5.Reports & IndicesMedium

Which services sub-sector recorded the highest growth in July 2026 over July 2025?

  1. A.Retail trade
  2. B.Administrative and support services
  3. C.Real estate
  4. D.Banking
Show answer

Correct answer: B. Administrative and support services

Explanation

The correct answer is administrative and support services, which posted the fastest growth of the nineteen sub-sectors against the same month a year earlier. Option A is wrong because retail trade, though it grew strongly, came second in the month's growth ranking. Option C is wrong because real estate came after retail trade. Option D is wrong because banking grew more slowly than all three, and its index is in any case based on provisional monthly data that will be revised once a year, as is the case for the railways and insurance sub-sectors. Two ideas should be kept apart here: the fastest growth belonged to administrative and support services, while the highest index level in the month belonged to accommodation and food services, since a high index means a high level of activity relative to the base year rather than a large rise over last year.