Many Multinational Corporations and even small companies are outsourcing their services in India mainly because of _____.
Answer & explanation
Correct answer: option 1
The correct answer is option (1) : Cheaper cost, reasonable skill and accuracy
Outsourcing to India often occurs because of its cost-effectiveness due to lower wages compared to developed countries, coupled with a skilled workforce proficient in various services such as IT, customer support, and back-office operations. This combination makes India a favorable destination for outsourcing services.