Question
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 …………..  In each of the following questions 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 answer choices given, to make the passage complete and coherent. ÂSolution
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.
Who was known as the ‘Frontier Gandhi/Sarhadi Gandhi’ due to his ideologies?
Odisha has recently announced a landmark three-year sponsorship deal for the Indian National Kho Kho team. What is the total amount committed by the sta...
Who is the first Indian to participate in a Super Heavyweight Boxing event in the 2020 Olympic Games?
Sweet Revolution is related with _________.
Veteran journalist and TV anchor Karan Thapar is the author of which of the following books?
Which is the longest river in the world?
What was Professor Arvind Panagariya's former job before becoming Chairman of the 16th Finance Commission of India?
Plants that do not have well-differentiated body design fall in this group. The plants in this group are commonly called algae. These plants are predomi...
Which structure layer in some cell types is composed mainly of carbohydrates such as cellulose, hemicellulose and lignin in the ratio of 4 : 3 : 3 and s...
Match List-1 with List-2 and select the correct answer by using the code given below the list.