Telecom
Question : Which sector witnessed increased competition due to liberalization in India?
Option 1: Agriculture
Option 2: Education
Option 3: Health care
Option 4: Telecom and communication
Correct Answer: Telecom and communication
Solution : The correct answer is (d) Telecom and communication
Liberalization in India brought about significant changes in various sectors, and one of the sectors that witnessed increased competition as a result was the telecom and communication sector.
Prior to liberalization, the telecom sector in India was dominated by the state-owned telecommunications company, providing limited services and experiencing inefficiencies. With the introduction of liberalization policies, the sector was opened up to private players, leading to increased competition and the entry of new telecom companies.
Increased competition in the telecom sector resulted in better quality services, expanded coverage, and lower costs for consumers. It also spurred innovation, investment in infrastructure, and the adoption of advanced technologies, contributing to the rapid growth and transformation of the sector in India.
Question : Read the passage given below and then answer the questions given below the passage. Some words may be highlighted for your attention. Read carefully.
Billionaire Mukesh Ambani's telecom venture Reliance Jio Infocom is planning to foray into automobile telematics with the launch of a device that will control vehicle's movement and alert owner about fuel and battery through a mobile app. "Reliance Jio is ready with a car connected device that will have multiple features like immobilize car at the time of theft, alert owner about car movement, locate car and also provide wi-fi within car, The owner needs to use Jio sim in the device to avail benefits." an industry source said. The company is in advance talks with automobile companies to launch it very soon. "There are lots of factors that determine price, but price of the car connected device is estimated to be either equal to or less than its Jio's wifi device which costs around Rs 2,000," the source said. With help of Jio's car management device, the owner will get information about the way his driver is driving the car, the movement of vehicle can be restricted within a geography, switch on AC of car from any remote location, get alert of car break etc. "Jio is working on the modalities on its sales model for the existing cars as well" the source said. The device and application has been internally developed by Jio but the hardware device will be initially imported from China. "Jio has asked its device vendor to start making it in India after initial rollout," the source said. Besides this, the company is also scaling up its fibre to the home project for which it is running pilot in some cities including Delhi and Mumbai. "With Fibre to the home, Jio will focus on automatic entire home from entertainment to home surveillance to utility management, the source said. Jio has touched a customer base 7.24 crore and claims to be adding 1 lakh mobile subscribers per day. The company has set target to cross 10 crore customers by March 31, 2017.
Question: Which of the following is ensured mostly through the use of JIO sim?
Option 1: Security
Option 2: Better models
Option 3: More entertainment
Option 4: More comfort
Correct Answer: Security
Solution : The correct answer is option 1.
Explanation
Reading over all the services that Jio may offer via the Jio sim, it can be deduced that everything will be incredibly safe, from a car's position to its immobility when stolen or managing things in a home.
As a result, choice 1 is the right response.
Hello,
With your CAT percentile and work experience in the telecom industry, you have a good chance of getting admission to some reputed MBA/PGDM colleges. While I do not have access to specific admission criteria for each college, I can provide some general guidance. GIM Goa, or Goa Institute of Management, is a well-regarded B-school. Your CAT percentile and work experience make you a competitive candidate for admission. However, admission decisions also depend on various other factors like academic records, extracurricular activities, and performance in the selection process, which includes group discussions and personal interviews.
Hope this helps you,
Thank you
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