Match the items given in column I with those in column II and select the correct option.

Matrix:

Column I

Column II
(a)
MNC
(i)
Skilled engineers
(b)
Interconnect countries
(ii)
Cheap labour
(c)
India
(iii)
World Trade Organisation
(d)
WTO
(iv)
Foreign trade

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a-ii; b-iv; c-i; d-iii

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

a-iii; c-iv; d-i; b-ii

a-iv; b-ii; c-iii; d-i

answer is B.

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Detailed Solution

1)      MNCs, or multinational corporations, prefer to set up their businesses in countries where cheap labour is available. This will help the companies to reduce the cost of production and hence maximise their profits.
2)      Countries can be interconnected through foreign trade, foreign investments, and the movement of people.
3)      India: India is a country with highly skilled engineers, which makes the country a favourite destination for multinational corporations. It will help companies, especially in the technical field, to work more efficiently.
4)      WTO: WTO is an abbreviation for World Trade Organisation. It was formed to regulate international trade.

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