Which among the following statement is correct about India's relationship with the USA?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 15 percent of all high-tech start-ups are by India-Americans.
"During the Cold War years, India found itself on the opposite side of the divide from the US. India’s closest friendship during those years was with the Soviet Union. After the collapse of the Soviet Union, India suddenly found itself friendless in an increasingly hostile international environment. However, these were also the years when India decided to liberalise its economy and integrate it with the global economy. This policy and India’s impressive economic growth rates in recent years have made the country an attractive economic partner for a number of countries including the US. It is important that we do not lose sight of the fact that two new factors have emerged in Indo-US relations in recent years. These factors relate to the technological dimension and the role of the Indian-American diaspora. Indeed, these two factors are interrelated. Consider the following facts:
- The US absorbs about 65 per cent of India’s total exports in the software sector.
- 35 per cent of the technical staff of Boeing is estimated to be of Indian origin.
- 300,000 Indians work in Silicon Valley.
- 15 percent of all high-tech start-ups are by Indian Americans."
Note: this is a question from the Pre rationalised NCERT fom the chapter "US Hegemony in World Politics' which is no more there in new NCERT.