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

Statement 2: Outsourcing has no impact on the global economy.

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 : Outsourcing refers to the practice of:

Option 1: Contracting work to external organizations or individuals

Option 2: Nationalizing industries and services

Option 3: Restricting trade and investments

Option 4: Regulating the labor market

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: 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: External sector reforms focused on promoting foreign trade and investments.

Statement 2: Liberalization of the external sector led to a decrease in imports and an increase in exports.

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.