One of the major reasons for merger is to

This question is asking about one of the major reasons for a merger. A merger is when two or more companies combine to form one larger company. The options given are:

Option A: reduce the number of unskilled manpower

Option B: increase the number of skilled manpower

Option C: prevent liquidation (Correct)

Option D: liberalize the market

A merger can happen for various reasons, but one major reason is to prevent liquidation. Liquidation means closing down a company because it is not making enough money or facing financial difficulties. By merging with another company, a company can combine their resources, reduce costs, and become stronger financially. This can help prevent the need for liquidation and keep the company operating.

Options A and B are not the correct reasons for a merger. While a merger may lead to changes in the workforce, the primary goal is not specifically to reduce or increase the number of skilled or unskilled manpower.

Option D, to liberalize the market, is not a major reason for a merger. Liberalizing the market means reducing restrictions and regulations to promote competition, which is not directly related to a merger.

Therefore, the correct answer is Option C: prevent liquidation. Merging with another company can help save a struggling company from going out of business.

Remember, a merger is when two or more companies combine to form one larger company, and one of the major reasons for a merger is to prevent liquidation.