Match List-I with List-II.
| List-I | List-II | ||
| Measures/Policy | Meaning | ||
| (A) | Stabilisation measures | (I) | Creating a border less world |
| (B) | Structural reforms measures | (II) | A company hires regular service from external source |
| (C) | Globalisation | (III) | Long term measures |
| (D) | Outsourcing | (IV) | Short-term measures |
Choose the correct answer from the options given below :
Answer & explanation
Correct answer: option 2
The correct answer is option (2) : (A)-(IV), (B)-(III), (C)-(I), (D)-(II)
(A) Stabilization measures typically refer to short-term measures taken to stabilize the economy during periods of fluctuation. Therefore, it corresponds to (IV) Short-term measures.
(B) Structural reform measures aim to bring long-term changes and improvements in the structure of the economy. Hence, it corresponds to (III) Long-term measures.
(C) Globalization refers to the process of interaction and integration among people, companies, and governments of different nations. It corresponds to (I) Creating a borderless world.
(D) Outsourcing involves obtaining goods or services from an external or foreign supplier, often to reduce costs. It corresponds to (II) A company hires regular service from an external source.