Match List-I (Development) with List-II (Effect).
| List-I | List-II |
|---|---|
| (A) Small companies competing for orders from big companies | (I) Many traditional drinks being replaced across India |
| (B) Disinvestment of public sector companies | (II) Wages kept low and working conditions often poor |
| (C) Huge advertising budgets of multinationals | (III) Major pollution in the surrounding areas |
| (D) Land acquisition for industry | (IV) Government workers scared of losing their jobs |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → A-II, B-IV, C-I, D-III
| List-I | List-II | Reason |
|---|---|---|
| (A) Small companies competing for orders from big companies | (II) Wages kept low and working conditions often poor | Small companies must compete for orders from big companies. To win them, they keep wages low, and working conditions are often poor. |
| (B) Disinvestment of public sector companies | (IV) Government workers scared of losing their jobs | Disinvestment is the government selling its share in public sector companies. Government workers fear they will lose their jobs after it. |
| (C) Huge advertising budgets of multinationals | (I) Many traditional drinks being replaced across India | Coca Cola spent more on advertising than the whole turnover of Parle. Such advertising raised coke consumption across India and replaced many traditional drinks. |
| (D) Land acquisition for industry | (III) Major pollution in the surrounding areas | Land acquisition brings industries that do not necessarily employ local people. They still cause major pollution in the surrounding areas. |
NCERT (2026-27): “Globalisation, Liberalisation and Changes in Indian Industry “The government is trying to sell its share in several public sector companies, a process which is known as disinvestment. Many government workers are scared that after disinvestment, they will lose their jobs. In ‘Modern Foods’, which was set up by the government to make healthy bread available at cheap prices, and which was the first company to be privatised, 60% of the workers were forced to retire in the first five years.” “More and more companies are reducing the number of permanent employees and outsourcing their work to smaller companies or even to homes. For multinational companies, this outsourcing is done across the globe, with developing countries like India providing cheap labour. Because small companies have to compete for orders from the big companies, they keep wages low, and working conditions are often poor. …” |