Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
India as Outsourcing Destination
India has become a favourite destination for global outsourcing because of:
- High wage rates and limited workforce
- Low wage rates and availability of skilled manpower — Correct Answer
- Government subsidies to foreign companies
- Absence of IT infrastructure
Explanation:
Correct Answer Explanation
Low wage rates and availability of skilled manpower have made India a destination for global outsourcing.
Key Points:
- Services outsourced include BPO, accountancy, banking, clinical advice, teaching.
- Data is digitised and transmitted in real time using modern telecommunication and Internet.
- Even small companies outsource to India for cheaper costs with reasonable skill.
📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL
This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
