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    Question

    Indian IT/Business Process Management

    (BPM) sector is supporting nearly half a million jobs in 15 Asia-Pacific nations that are in negotiations for a mega-regional Free Trade Agreement (FTA). This is in addition to the sector accounting for 3.5 million jobs in India — which is also part of the proposed mega FTA, officially known as the Regional Comprehensive Economic Partnership (RCEP) involving, thereby, a total of 16 Asia-Pacific countries. However, the Indian IT/BPM industry — despite supporting so many jobs and investing billions of (U.S.) dollars in the RCEP region – has been facing a host of problems, including restrictions on movement of professionals for short-term work, according to industry body Nasscom. ________________________. The trade negotiators were later shown some highlights of the presentation. In each of the following question a short passage is given with one of the lines in the passage missing and represented by a blank. Select the best out of the five choices given to make the passage complete and coherent (Coherent means logically complete and sound)
    A These included trouble in getting visas, increase in minimum salary levels for foreign short-term workers, mandatory police clearances and hike in visa costs. Correct Answer Incorrect Answer
    B The Nasscom presentation showed the Indian IT/BPM sector supported 4.54 lakh jobs in 15 RCEP countries (excluding India) and made investments worth ā€œseveral thousand millions of (U.S.) dollars across the (RCEP) region.ā€ Correct Answer Incorrect Answer
    C Nasscom, however, pointed out the Indian IT/BPM sector was subjected to several restrictions in the RCEP region on temporary movement of professionals. Correct Answer Incorrect Answer
    D Of the 4.54 lakh jobs, 1.72 lakh (or about 38%) were direct jobs while 2.82 lakh (or about 62%) were indirect jobs. Correct Answer Incorrect Answer
    E This was stated by Nasscom in a presentation made by its senior director (global trade development), Gagan Sabharwal on July 25 before a gathering of the RCEP industry groups Correct Answer Incorrect Answer

    Solution

    Indian IT/Business Process Management (BPM) sector is supporting nearly half a million jobs in 15 Asia-Pacific nations that are in negotiations for a mega-regional Free Trade Agreement (FTA). This is in addition to the sector accounting for 3.5 million jobs in India — which is also part of the proposed mega FTA, officially known as the Regional Comprehensive Economic Partnership (RCEP) involving, thereby, a total of 16 Asia-Pacific countries. However, the Indian IT/BPM industry — despite supporting so many jobs and investing billions of (U.S.) dollars in the RCEP region – has been facing a host of problems, including restrictions on movement of professionals for short-term work, according to industry body Nasscom. This was stated by Nasscom in a presentation made by its senior director (global trade development), Gagan Sabharwal on July 25 before a gathering of the RCEP industry groups. The trade negotiators were later shown some highlights of the presentation.

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