Read the following statements carefully:
Statement 1: Outsourcing is one of the important outcomes of the globalization process.
Statement 2: Owing to globalization, many Indian companies have expanded their operation abroad.
Read the following statements carefully:
Statement 1: Outsourcing is one of the important outcomes of the globalization process.
Statement 2: Owing to globalization, many Indian companies have expanded their operation abroad.
Show Hint
- Statement 1 is true and Statement 2 is false.
- Statement 1 is false and Statement 2 is true.
- Both Statement 1 and 2 are true.
- Both Statement 1 and 2 are false.
The Correct Option is C
Solution and Explanation
- Statement 1 is true: Outsourcing, a key feature of globalization, involves contracting out services or jobs to other countries. This is a common practice in industries such as IT, customer service, and manufacturing.
- Statement 2 is true: Globalization has allowed Indian companies, particularly in the IT and service sectors, to expand their operations abroad, taking advantage of lower production costs and accessing new markets.
Conclusion: Both statements are true, as outsourcing and international expansion of Indian companies are direct results of globalization.
Top GATE XH-C1 Economics Questions
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Read the following statements carefully:
Statement 1: Expost savings and Expost investments are equal at all levels of income.
Statement 2: Under the effective demand principle, the equilibrium output is equal to exante Aggregate Demand (AD). In the light of the given statements, choose the correct alternative from the following:- In a hypothetical economy, if entire additional income is consumed, the value of investment multiplier would be . (Fill up the blank with the correct alternative.)
Top GATE XH-C1 Questions
- Amma's tone in the context of the given passage is that of :
For Amma, the difference between men and women was a kind of discrimination and inequality; she felt strongly about women's rights but was not familiar with concepts like gender and patriarchy. She would have dismissed Betty Friedan because she was predominantly dealing with the problems of white middle-class women in the United States. Amma, and women of her generation, could de-link the oppression of women from the wider struggle for the liberation of human beings from class exploitation and imperialism. So Amma continued to play her role as mother and wife, but would often complain: 'I am a doormat on which everyone wipes their emotional dirt off". - Fill in the blanks by choosing the correct sequence for the following passage:
I am wearing for the first time some (i)_____ that I have never been able to wear for long at a time, as they are horribly tight. I usually put them on just before giving a lecture. The painful pressure they exert on my feet goads my oratorical capacities to their utmost. This sharp and overwhelming pain makes me sing like a nightingale or like one of those Neapolitan singers who also wear (ii)_______ that are too tight. The visceral physical longing, the overwhelming torture provoked by my (iii)_______ forces me to extract from words distilled and sublime truths, generalized by the supreme inquisition of the pain my (iv)_______ suffer. - The appropriate synonym for the word ‘ignite' in the following passage will be :
Spirituality must be integrated with education. Self-realization is the focus. Each one of us must become aware of our higher self. We are links of a great past to a grand future. We should ignite our dormant inner energy and let it guide our lives. The radiance of such minds embarked on constructive endeavor will bring peace, prosperity and bliss to this nation. - Which of the following sentences is punctuated correctly ?
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Darwin's work (i)_______ a related effect that (ii) ________ influenced the development of environmental politics - a 'decentering' of the human being.