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प्रश्न
What is globalisation?
उत्तर
Globalisation in today’s world has come to imply many things. It is the process by which the people of the world are unified into a single society and function together. This term is also often used to refer to economic globalisation: the integration of national economies into the international economy through trade, foreign direct investments, capital flows, migration and the spread of technology.
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संबंधित प्रश्न
Describe the impact of globalization on Indian economy with examples.
Describe the role of Multinational Corporations (MNCs) in promoting globalisation process.
"A wide ranging choice of goods are available in the Indian markets." Support the statement with examples in context of globalisation.
How would flexibility in labour laws help companies?
Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these organisations?
Match the following.
|
(i) |
MNCs buy at cheap rates from small producers |
(a) |
Automobiles |
|
(ii) |
Quotas and taxes on imports are used to regulate trade |
(b) |
Garments, footwear, sports items |
|
(iii) |
Indian companies who have invested abroad |
(c) |
Call centres |
|
(iv) |
IT has helped in spreading of production of services |
(d) |
Tata Motors, Infosys, Ranbaxy |
|
(v) |
Several MNCs have invested in setting up factories in India for production |
(e) |
Trade barriers |
Assess any three advantages of globalization.
Answer the following question.
How do we feel the impact of globalization on our daily life? Explain with examples.
Answer the following question:
Explain any five effects of globalization.
Analyze any five positive effects of globalization on the Indian economy.
