Economic liberalisation and globalisation have put pressures on Indian…
NIFT 2017 · Case Study · 4 questions
Economic liberalisation and globalisation have put pressures on Indian industry, particularly on the service sector, to offer quality products and services at low costs and with high speed. Organisations have to compete with unequal partners from abroad. It is well recognised that developing countries like India are already behind other countries technologically. In many areas, although some of them, particularly India, boast of huge scientific and technical manpower. In addition to this, if an entrepreneur or industrialist has to spend a lot of his time, money and energy in dealing with unpredictable services in negotiating with the local bureaucracy, it can have a significant dampening effect on business.
Question 1
Examine the following inference in the context of the passage and decide its degree of truth or falsity. Inference: Indian service industry was more comfortable before economic liberalization.
Examine the following inference in the context of the passage and decide its degree of truth or falsity. Inference: India at present is to some extent at par with the developed countries in terms of technological development.
Examine the following inference in the context of the passage and decide its degree of truth or falsity. Inference: Foreign companies are more equipped than domestic companies to provide quality service in good time.
Examine the following inference in the context of the passage and decide its degree of truth or falsity. Inference: No other developing country except India claims that it has highly trained technical manpower.
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