Consider the following statements regarding India's tourism sector:

  1. India’s tourism sector’s contribution to GDP returned to 5% in FY23.
  2. India captured 1.45% of global international tourist arrivals (ITAs) in 2023.
  3. Foreign exchange earnings from tourism in FY23 were around $50 billion.
How many of the above statements are correct?

  1. Only one
  2. Only two
  3. All three
  4. None

Answer (Detailed Solution Below)

Option 2 : Only two

Detailed Solution

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The correct answer is Only two

Key Points

  • India’s tourism sector’s contribution to GDP returned to 5% in FY23. Hence  Statement 1 is correct.
  • India captured 1.45% of global international tourist arrivals (ITAs) in 2023. Hence Statement 2 is correct.
  • Foreign exchange earnings from tourism in FY23 were around $28 billion. Hence Statement 3 is incorrect.

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