In the question below, is given a passage followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: Many multi-national firms have started to see India as the alternate option to China post the COVID pandemic outbreak. Many MNCs from the US and Europe are keen to invest in India and set up factories here. Many are also keen to invest in Indian Corporates such as Reliance Jio. One concern they have though is the stringent labour laws of the nation. Courses of action: I. India must relax labour laws so that concerns of MNCs are alleviated without putting an unjust strain in the workforce. II. India should encourage such MNCs to invest in India and set up factories here to bring in competition. III. India should not encourage such MNCs to invest in India and set up factories here as it will crush indigenous Industries.
In the question below, is given a passage followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: Many multi-national firms have started to see India as the alternate option to China post the COVID pandemic outbreak. Many MNCs from the US and Europe are keen to invest in India and set up factories here. Many are also keen to invest in Indian Corporates such as Reliance Jio. One concern they have though is the stringent labour laws of the nation. Courses of action: I. India must relax labour laws so that concerns of MNCs are alleviated without putting an unjust strain in the workforce. II. India should encourage such MNCs to invest in India and set up factories here to bring in competition. III. India should not encourage such MNCs to invest in India and set up factories here as it will crush indigenous Industries. Correct Answer <p style="">Only I and II follow.</p>
These types of questions can only be answered with respect to current political and Economic perceptions of the country.
In the Nehruvian era of socialist policies, encouraging MNCs to invest in India and compete with indigenous Industries was strictly prohibited but in the post-liberalization era, these are encouraged.
Hence, II follows and III does not follow.
Since we have decided that the current political and Economic perceptions of the country is in favor of MNCs investing in India, Course of Action I must follow to alleviate the concerns of MNCs without jeopardizing the concerns of workforce.
So, only I and II follows.