There are many industries where India has an advantage because of relatively lower Costs of all forms of manpower whether it is professional or factory labour. However, while this can give initial advantage, it should not be taken for an enduring advantage due to the following reasons. One as products become more sophisticated, labour as cost factor becomes less and less important. Two, the differences in costs are narrowed down through a higher level of automation. There, in processes that require large number of cheap labour, the industry is bound to shift its operation along; the line of the ever-declining scale of poorer countries. So a poorer country than India can eventually overtake us with yet cheaper labour. Therefore, when one has established an export market on the basis of cheaper manpower …………..
The passage discusses how India’s advantage in lower labor costs may not be sustainable due to advancements in automation and shifts in industry towards countries with even cheaper labor. The blank in the last sentence should logically follow this reasoning and emphasize the need for additional competitive advantages to maintain relevance in export markets. Option (a) aligns with the passage’s logic that reliance on cheaper manpower is temporary. It suggests vigilance to create other competitive strengths, which is the most coherent and fitting choice to complete the passage.
Select the option that is related to the third word in the same way as the second word is related to the first word.
(The words must be considere...
Select the connect mirror image from the following options, when the mirror is placed on the right side of the given figure.
Select the option figure in which given figure is embedded. (Rotation is NOT allowed)
The following question is based on the given words.
PLAN FORE RAMP RANG SAND
If in each word, the fourth letter is change...
Looking at the picture on the wall, he said "My sister-in-law S's husband Q's son N had a sister R". How is S related to R?
Which alphabet - digit pair will replace the question mark in the given series?
23K, 28I, 34G, 41E, ?
Which of the following numbers will replace the question mark (?) in the given series?
15, 15, 17, 51, 55, ?
Read the given statement and conclusions carefully and decide which of the conclusions logically follow(s) from the statement.
Statement:
...Select the option that is related to the fifth letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster and th...
Select the Venn diagram that best represents the relationship between the following classes: Oxygen, Hydrogen and Gases.