Question
General Knowledge Question on Business and Economy
Name the country which is the second fastest growing spender in the world on Information Technology.
A
France
B
Switzerland
C
Japan
D
India
Answer
India
Explanation
Solution
The correct option is (D): India
The correct answer is D: India.
Explanation:
In 2002, India was recognized as the second fastest growing spender on Information Technology (IT) in the world. This rapid growth was fueled by the expansion of the IT sector, including software development, IT services, and increasing adoption of technology across various industries. India's burgeoning tech industry and its significant investment in IT infrastructure contributed to its position as a key player in the global IT landscape.