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Match the columns

Matrix:

Column I

Column II
(a)
Great Depression
(i)
1920s
(b)
Rapid economic transformation
(ii)
India
(c)
Gold exports
(iii)
1970s
(d)
MNCs
(iv)
China
(e)
Collapse of Bretton Woods system.
(v)
1930s

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a-v; b-iv; c-ii; d-i, e-iii

d-i; e-ii; a-iii; c-iv, b-v

a-iii; e-i; c-iv; d-v, b-ii

a-iv; b-ii; c-iii; d-v, e-i

answer is A.

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Detailed Solution

The Great Depression began around 1929 and continued in the 1930s, leading to disastrous consequences, affecting the economy, society and politics.
The MNCs shifting production operations to low-wage Asian countries like China stimulated world trade and capital flows, resulting in the country's rapid economic transformation in the last two decades.
In the depression years, exports and imports of India reduced to half, but India became an important exporter of precious metals, notably gold, which promoted global economic recovery.
The first MNCs or multinational corporations were established in the 1920s. They are large companies or corporations that operate in two or more countries at the same time.
The Bretton Woods system, which had dominated the lost Second World War economy, collapsed in the 1970s.

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