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Answer the following question based on the information given below.
Information Technology Industry in India (Figure are in million US dollars)

 

1994-95

1995-96

1996-97

1997-98

1998-1999

Software:

         

Domestic

350

490

670

950

1250

Exports

485

734

1083

1750

2650

Hardware:

         

Domestic

590

1037

1050

1205

1026

Exports

177

35

286

201

4

Peripherals:

         

Domestic

148

196

181

229

329

Exports

6

6

14

19

18

           

Training

107

143

185

263

302

Maintenance

142

172

182

221

236

Networking and others

36

73

156

193

237

Total

2041

2886

3807

5031

6052

Which one of the following statements is correct?

  1. The annual software exports steadily increased but annual hardware exports steadily declined during $1994-1999.$
  2. The annual peripheral exports steadily increased during $1994-1999.$
  3. The total IT business in training during $1994-1999$ was higher than the total IT business in maintenance during the same period.
  4. None of the above statements is true
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Total IT business in training $(107+143+185+263+302)=1000$

IT business in maintainence $(142+172+182+221+236)=953$

Answer $: \text{C}$
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