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Option 1 : Only I and II follow.
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.
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