During 2006-2010, which of the following service sectors registered fastest growth in India ?

Banking and Insurance
Construction
Transporation
Communication

The correct answer is (d) Communication.

The communication sector registered the fastest growth in India during 2006-2010. This was due to the rapid expansion of mobile telephony and the growth of the internet. The number of mobile phone subscribers in India increased from 220 million in 2006 to 900 million in 2010. The number of internet users also increased from 50 million in 2006 to 200 million in 2010.

The expansion of mobile telephony and the growth of the internet have had a significant impact on the Indian economy. They have helped to improve communication and connectivity, which has made it easier for businesses to operate and for people to access information and services. They have also helped to create new jobs and opportunities.

The communication sector is expected to continue to grow in the coming years. The government has set a target of connecting all villages in India with broadband by 2017. This will further boost the growth of the sector and its impact on the economy.

Here is a brief explanation of each option:

(a) Banking and Insurance: The banking and insurance sector is an important part of the Indian economy. It provides financial services to businesses and individuals. The sector has grown rapidly in recent years, but it did not register the fastest growth during 2006-2010.

(b) Construction: The construction sector is another important part of the Indian economy. It is involved in the construction of buildings, roads, bridges, and other infrastructure. The sector has grown rapidly in recent years, but it did not register the fastest growth during 2006-2010.

(c) Transportation: The transportation sector is responsible for the movement of people and goods. It includes roads, railways, airports, and ports. The sector has grown rapidly in recent years, but it did not register the fastest growth during 2006-2010.

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