(i) Identify the organisation which is known as the successor of GATT. (ii) In which year was this new organisation established ? (iii) Explain any two objective of the new organisation. Read the following text carefully and answer the questions given below : "It is an arrangement in which a firm hires some specialized firm(s) to carry out some of its activities (which were earlier being performed by itself). These service hirings could be from local / international markets." (i) Identify the indicated outcome of the globalisation process. (ii) State any two factors responsible for making India as an important source of these activities. (iii) Explain examples of services that have expanded due to advancements in information technology.