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Which of the following is/are not true in the context of the passage?

A. The recession severely impacted the US but not India.
B. India is trying to depend less on the US as a source of growth.
C. The future success of Indian IT firms depends on emerging markets.

  • A.Only B and C
  • B.Only A
  • C.Only B
  • D.All A, B and C

Answer: B

Only statement A is not true, so the answer is Only A.

A says the recession severely hit the US but not India. The passage says the opposite for India: because of the recession NASSCOM forecasts export growth to the US and Europe to fall from 29% to at most 7%, and Indian firms are expanding in order to 'regain some momentum after the recession'.

B is true: the US is 'no longer the undisputed engine of growth' and the firms are moving into the developing world to depend less on it. C is true: 'if successful, the future of India's outsourcing sector could prove as bright as its past' when the firms succeed in tapping emerging markets. Options that include B or C as not true are therefore wrong.

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