Question

Which of the following points suggest that outsourcing is good for India?

Options

• Employment

• Exchange of technical know-how

• International worthiness

• All of the above

Answer 1

All of the above

Explanation:

The following factors indicate that outsourcing is beneficial to India.

1. Employment:
   For a developing country like India, job creation is a priority, and outsourcing has shown to be a benefit in terms of expanding employment prospects. It results in the creation of new, higher-paying jobs.
2. Exchange of technical know-how:
   Outsourcing allows for the transfer of sophisticated and advanced technology ideas and technical know-how from developed to poor countries.
3. International worthiness:
   Outsourcing to India also boosts the country's international credibility. This raises the amount of money coming into India.