Question : Statement 1: Outsourcing refers to the practice of contracting work to external organizations or individuals.

Statement 2: Outsourcing has no impact on the local job market.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: Outsourcing has led to job opportunities in developing countries.

Statement 2: Negative aspects of outsourcing include the loss of domestic jobs in certain industries.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: The 1991 economic policy in India aimed to liberalize the Indian economy.

Statement 2: Liberalization refers to the reduction of government restrictions on economic activities.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: Brain drain has a negative impact on employment opportunities in India.

Statement 2: Brain drain refers to the emigration of highly skilled individuals from a country.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, statement 2 is false.

Option 4: Statement 1 is false, statement 2 is true.

Question : Statement 1: Privatization refers to the transfer of government-owned enterprises to the private sector.

Statement 2: Disinvestment refers to the acquisition of private enterprises by the government.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.