Advertisements
Advertisements
प्रश्न
Analyze any five positive effects of globalization on the Indian economy.
उत्तर
The positive impact of globalization on India
(i) The availability of variety of products enabled the consumers to have greater choice and enjoy the improved quality and lower prices for several products.
(ii) This led to a higher standard of living.
(iii) Increase in foreign direct investment.
(iv) Creation of new jobs in certain industries.
(v) Top Indian companies have been benefited by investing in new technology and production methods along with successful collaborations with foreign companies.
(vi) Globalization has enabled some large Indian companies to emerge as multinationals themselves. For example, Tata Motors, Infosys, Ranbaxy, etc.
(vii) Enabled some large Indian companies to emerge as multinationals.
(viii) Created new opportunities for companies providing services, particularly those involving IT.
APPEARS IN
संबंधित प्रश्न
Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources?
Describe the impact of globalization on Indian economy with examples.
"A wide ranging choice of goods are available in the Indian markets." Support the statement with examples in context of globalisation.
How has information and communication technology stimulated the globalisation process? Explain with examples.
Describe the conditions in which markets do not work in a fair manner.
What do you understand by globalisation? Explain in your own words.
Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.
Globalisation has led to improvement in living conditions.
How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.
Answer the following question.
How do we feel the impact of globalization on our daily life? Explain with examples.
