Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 178)

2023-10-06 Economy

178.

What was the value of India's services sector Purchasing Managers' Index (PMI) in September 2023?

61.0

60.1

59.2

58.3

Answer: Option

Explanation:

The Purchasing Managers' Index (PMI) for the services sector in India reached 61 in September 2023, according to a survey-based index by S&P Global Market Intelligence. The PMI is a measure of business activity in the services sector. A reading above 50 indicates expansion, while a reading below 50 indicates contraction.