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Question
Which of the following statement/s is/are true about "India maintained its relations with the US during post-Cold War"?
- The US absorbs about 65 percent of India's total exports in the software sector.
- 35 percent of the technical staff of Boeing is estimated to be of Indian origin.
- 300,000 Indians work in Silicon Valley.
Options
i only
ii & iii
i & iii
i, ii, iii
MCQ
Solution
i, ii, iii
Explanation:
Following the disintegration of the Soviet Union, Union India decided to liberalize its economy and integrate it into the global economy. Because of its technological dimensions and the role of the Indian American diaspora, India's impressive economic growth rate has made it an appealing economic partner for the US. These two elements are linked in the following ways:
- The United States consumes approximately 65 percent of India's total software exports.
- It is estimated that 35% of Boeing's technical staff is of Indian origin.
- In Silicon Valley, 300,000 Indians work.
- Indian-Americans own 15% of all high-tech startups.
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