Born out of the forces of globalisation, India's IT sector is undertaking some globalisation of its own. In search of new sources of rapid growth, the country's outsourcing giants are aggressively expanding beyond their usual stomping grounds into the developing world; setting up programming centers, chasing new clients and hiring local talent. Through geographic diversification, Indian companies hope to regain some momentum after the recession. This shift is being driven by a global economy in which the US is no longer the undisputed engine of growth. India's IT powers rose to prominence largely on the decisions made by American executives, who were quick to capitalise on the cost savings to be gained by outsourcing noncore operations, such as systems programming and call centers, to specialists overseas. Revenues in India's IT sector surged from $4 billion in 1998 to $59 billion last fiscal, but with the recession NASSCOM forecasts that the growth rate of India's exports of IT and other business services to the US and Europe will drop to at most 7% in the current fiscal year, down from 16% last years and 29% in 2007-08. Factors other than the crisis are driving India's IT firms into the emerging world. Although the US still accounts for 60% of the export revenue of India's IT sector, emerging markets are growing faster. Tapping these more dynamic economies won't be easy, however. The goal of Indian IT firms for the past 30 years has been to woo clients outside India and transfer as much of the actual work as possible back home, where lower wages for highly skilled programmers allowed them to offer significant cost savings. With costs in other emerging economies equally low, Indian firms can't compete on price alone.
To adapt, Indian companies which are relatively unknown in these emerging nations are establishing major local operations around the world, in the process hiring thousands of local operations around the world, in the process hiring thousands of locals. Cultural conflicts arise at times while training new recruits. In addition, IT firms also have to work extra hard to woo business from emerging-market companies still unaccustomed to the concept of outsourcing. If successful, the future of India's outsourcing sector could prove as bright as its past.
Which one of the following words is most similar in meaning to the word 'chasing' as used in the passage?
Harassing
Pestering
Pursuing
Running
Born out of the forces of globalisation, India's IT sector is undertaking some globalisation of its own. In search of new sources of rapid growth, the country's outsourcing giants are aggressively expanding beyond their usual stomping grounds into the developing world; setting up programming centers, chasing new clients and hiring local talent. Through geographic diversification, Indian companies hope to regain some momentum after the recession. This shift is being driven by a global economy in which the US is no longer the undisputed engine of growth. India's IT powers rose to prominence largely on the decisions made by American executives, who were quick to capitalise on the cost savings to be gained by outsourcing noncore operations, such as systems programming and call centers, to specialists overseas. Revenues in India's IT sector surged from $4 billion in 1998 to $59 billion last fiscal, but with the recession NASSCOM forecasts that the growth rate of India's exports of IT and other business services to the US and Europe will drop to at most 7% in the current fiscal year, down from 16% last years and 29% in 2007-08. Factors other than the crisis are driving India's IT firms into the emerging world. Although the US still accounts for 60% of the export revenue of India's IT sector, emerging markets are growing faster. Tapping these more dynamic economies won't be easy, however. The goal of Indian IT firms for the past 30 years has been to woo clients outside India and transfer as much of the actual work as possible back home, where lower wages for highly skilled programmers allowed them to offer significant cost savings. With costs in other emerging economies equally low, Indian firms can't compete on price alone.
To adapt, Indian companies which are relatively unknown in these emerging nations are establishing major local operations around the world, in the process hiring thousands of local operations around the world, in the process hiring thousands of locals. Cultural conflicts arise at times while training new recruits. In addition, IT firms also have to work extra hard to woo business from emerging-market companies still unaccustomed to the concept of outsourcing. If successful, the future of India's outsourcing sector could prove as bright as its past.
Which one of the following words is most opposite to the meaning of the word 'undisputed' as used in the passage?
Doubtful
Deprived
Emphasised
Challenging
Which of the following sentences is an exclamatory one?
You are really very kind.
She is a small creature.
He cannot speak well.
How beautiful is the morning today!
Which of the following sentences has the antonym of 'narrow'?
He is a good boy.
She is utterly selfish.
I admire his broad outlook.
I know him well enough.
Which of the following is an example of a simile?
I wandered lonely as a cloud
Life is a dream
Anxiety is sitting on her face
A lie has no legs
Select the sentence in which the article has been wrongly used.
He is MA
Twelve inches make a foot
A pupil should obey his teacher
He is a European
A.
He is MA
Give one-word substitution for the following.
The scientific study of insects
Criminology
Entomology
Mycology
Meteorology
Pick out the sentence that has a demonstrative adjective in it.
It is a twenty-kilometer walk
This kind of question is often asked in examinations
Each of them received ten rupees/p>
His written statement differs from his oral one