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प्रश्न
How has globalisation impacted on India and how is India in turn impacting on globalisation?
उत्तर
Impact of Globalisation on India:
- More new jobs have been created in the MNCs like cell phones, fast food etc.
- India is playing a crucial role among developing countries in trade and commerce by making some companies multinational themselves i. e. Tata Motors, Ranbaxy etc.
- Foreign Direct Investments have also been increased.
- It has invited inflow of private foreign capital and export oriented activities.
India in turn impacting:
- Through responding to 1991 financial crisis, Indian economy was liberalised to attract foreign direct investment.
- India introduced new trade policy reforms to remove tariffs and restrictions imposed on imports.
- Under industries, it abolished licensing system exempting few specified industries only.
- Banking operations by private sectors were permitted to expand in the country.
- To promote globalisation, India has adopted an open economy.
APPEARS IN
संबंधित प्रश्न
Mention any two benefits of globalisation.
Which of the statements are TRUE about globalisation?
Which of the statements are ‘True’ about causes of globalisation?
- Technology is an important cause of globalisation.
- Globalisation is caused by a particular community of people.
- Globalisation originated in the US.
- Economic interdependence alone causes globalisation.
Which of the statements are TRUE about globalisation?
- Globalisation is only about movement of commodities.
- Globalisation does not involve a conflict of values.
- Services are an insignificant part of globalisation.
- Globalisation is about worldwide interconnectedness.
What is worldwide interconnectedness? What are its components?
Why are tariffs imposed?
Do you think outsourcing is good for India? Why are developed countries opposing it?
How many countries are the members of WTO?
Where is the headquarters of WTO located?
In the 2006-07 Budget, the peak rate of custom duty was brought down to ______.
Exports now fiancé over 80% of imports, as compared to 60% in 1985, this situation is achieved due to ______.
Organisation which does not facilitable the process of globalization ______.
With the globalisation of markets, the tastes and preferences of consumers worldwide are ______.
The other name of World Bank is ______.
In 1986-87, the overall fiscal deficit of India touched an all time high of ______.
Give an account of the changing role of state in the light of Globalization.
______ is the free movement of goods, services and people across the world.
Which of the following points qualifies India to be the favorite spot for outsourcing by various MNCs.?
Presently, How many members are there of World Bank?
______ factors are living or once-living organisms in the ecosystem?
Which of the following point/s indicate the Positive Impacts of globalization?
- Increase in the volume of trade in goods and services.
- It attracts private foreign capital investment.
- It creates new job opportunities.
- It does not raise the standard of living.
______ is all about who gets what, when, where and how.
Globalization has improved the living structure of ______
What is/are component/s of worldwide interconnectedness?
What is the integration between countries through Foreign trade and Foreign Investments by Multi-national Corporations?
Which of the following statements is true about globalisation?
Read the following text carefully and answer the given questions on the basis of the same and common understanding:
| India urged the World Trade Organisation (WTO) to relax rules to allow the country to export food grains from its public stocks to the nations facing food crises. India can help, reduce food insecurity but there is hesitation on the part of the WTO, in relaxing its rules. India's Finance Minister said food, fuel and fertilizers are global public goods and ensuring access of these for developing and emerging economies is critical. She also shared India's experiences, including robust gains in agriculture production, citizen-centric, food security programmes and innovative delivery ‘mechanisms such as the 'One Nation one Ration Card’ Scheme. |
- State and discuss any two objectives of World Trade Organisation.
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Name any two steps taken by India to strengthen food security.
