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There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.
In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.
Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.
Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.
Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.
Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.
 
Q.It can be assumed that the author's views on FDI in multi brand retail are
  • a)
    in favour of the government taking more measures to protect the interests of local shopkeepers
  • b)
    in favour but based on the condition the FDI will not adversely affect local shopkeepers
  • c)
    that India has an important role in giving the retail giants a competitive edge
  • d)
    against the use of foreign investment in the retail sector.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Passage 2There is a controversy raging over the entry of g...
In the sentence "There is a technological....... of big retail chains", the author highlights that India has played an
important role in giving the retail giants a competitive edge. Option c is the answer. Options a and b are incorrect as they place importance on the interests of the local shopkeepers whereas the author does not highlight this in the passage. Option d is incorrect as it goes against the stand that the author takes in the first paragraph.
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Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer?
Question Description
Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer?.
Solutions for Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Passage 2There is a controversy raging over the entry of giants such as Tesco and the Wall Mart into India after the government permitted FDI in multi-brand retail. Most economic analysts look at it in terms of capital coming into India to oust local shopkeepers or in terms of capital coming in to offer better prices to farmers or set up distribution chains and storage facilities to help consumers. These arguments seem a little old. There is a technological dimension to this that may reveal that it is India that it is India that is behind the competitive edge of big retail chains.In 2009, Walmart picked Bangalore based Infosys Technologies and India centric Cognizant among three information technology service vendors for a $600 million multi-year contract. Finance is now easily available for retail companies from banks and equity markets. What sets the real smart retail giants apart is their ability to leverage software and IT to keep their competitive edge.Supply chain software can help lower costs by managing inventories. Data analytics and customer relations software can help them identify the more lucrative customers or choose discount strategies. Partners, employees and vendors of retail giants are now connected by software Indian talent figures in all this.Infosys was an early adapter ofWalmart's move to go in for radio-frequency identification (RFID) tags that helps the retail chain track inventories at low cost.Last year, Walmart also acquired Kosmix, a cutting edge search engine, founded by Indian born Venky Harinarayan and Anand Rajaraman (who earlier co-founded Junglee.com that Amazon acquired). Now Kosmix is a part of Walmart Labs. Its technology filters and aggregates information by topic from Twitter messages and the larger Web in real time. This is a new way to interact with shoppers.Tesco now owes its edge to its Bangalore IT facility called the "Hindustan Service Centre". The British retail chain says 6000 employee strong HSC's strategic initiatives coverthe "IT, business, financial, commercial and property aspects." In Bangalore, Indian techies develop tools like mobile applications for Tesco.Q.It can be assumed that the author's views on FDI in multi brand retail area)in favour of the government taking more measures to protect the interests of local shopkeepersb)in favour but based on the condition the FDI will not adversely affect local shopkeepersc)that India has an important role in giving the retail giants a competitive edged)against the use of foreign investment in the retail sector.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
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