Q: India is a destination for global outsourcing. Which of the following is/are the more appropriate reason(s) for making the multinational corporations choose India for outsourcing their services? 1. Lower wage rate 2. Higher rate of unemployment 3. Availability of skilled human power 4. Cordial relationship with government Select the correct answer using the code given below:
(a)1 only
(b)1 and 3
(c)2 and 4
(d)3 and 4
Correct Answer: (b)
The correct answer is (b) '1 and 3'. Among the 4 statements given, this option correctly identifies which statements are accurate regarding Poverty, Inequality & Employment (Indian Economy).