UPSC Prelims 2006 Q2: Current Affairs – Business & Economy
Which one of the following pairs is not correctly matched?
Well - known Company : Major Area of Work
- (a) Adobe Systems India : Software
- (b) Sasken : Communication technology
- (c) Genpact : Power generation
- (d) Sunthite : Export of spices
Answer: (c) Genpact : Power generation
Explanation
Companies and their main business — find the wrong pair
| Company | Actual business | Pair matched? |
|---|---|---|
| Adobe Systems India | Software (Photoshop, Acrobat) | ✔ |
| Sasken (Bengaluru) | Communication technology — telecom software and services | ✔ |
| Genpact | Business process management / IT services (formerly GE Capital International Services) | ✘ — not power generation |
| Synthite (Kerala) | Spice oleoresins and extracts — export of spices | ✔ |
Genpact began in 1997 as GE Capital International Services (GECIS) in Gurugram.
The name Gen-pact = "Generating impact".
Answer: (c) Genpact : Power generation.
Why each option is right or wrong
- (a) Incorrect. Adobe is correctly matched with software.
- (b) Incorrect. Sasken is correctly matched with communication technology.
- (c) CORRECT. Genpact is a BPM/IT services firm — not power generation.
- (d) Incorrect. Synthite (spelt 'Sunthite' in the question) is correctly matched with spice exports.
Key point
Genpact = business process management (ex-GE Capital International Services), not power. Synthite = spice extracts.
Remember
Genpact is a business-process company, not a power company.
Common mistakes
- Linking Genpact with GE's power business because of its GE origin.
- Being thrown by the spelling 'Sunthite' — the company is Synthite Industries, Kochi.
- Not knowing Sasken is a telecom-software company.
Exam tip
'Gen' in Genpact ≠ generation of electricity. It came from GE's finance arm.
Sources
- Genpact — Company history
- Synthite Industries Limited — Annual Report 2005–06
- Sasken Communication Technologies — Annual Report 2005–06