Question : Assertion: India has become a favorable destination of outsourcing for most of the MNCs.
Reason: India has vast skilled and cheap manpower which enhances the faith of MNCs for investment in India.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion is true. India has established itself as a prominent player in the global outsourcing industry, particularly in the fields of information technology (IT), business process outsourcing (BPO), and knowledge process outsourcing (KPO). Many MNCs choose to outsource their operations to India due to factors such as a large pool of skilled professionals, cost-effectiveness, English proficiency, and a supportive business environment.
The reason is the correct explanation for the assertion. India has a significant advantage in terms of its abundant supply of skilled workers who are proficient in areas such as IT, engineering, finance, customer support, and more. This availability of skilled manpower at competitive costs has made India an attractive destination for outsourcing and has instilled confidence in MNCs to invest in the country.
Therefore, both the assertion and the reason are true, and the reason is the correct explanation of the assertion.
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