Advertisements
Advertisements
Question
Which of the statements are TRUE about globalisation?
Options
Globalisation is purely an economic phenomenon.
Globalisation began in 1991.
Globalisation is the same thing as westernisation.
Globalisation is a multi-dimensional phenomenon.
Solution
Globalisation is a multi-dimensional phenomenon.
APPEARS IN
RELATED QUESTIONS
What is globalization? Highlight any three causes of globalization.
Assess any three basis on which globalisation is being resisted in India.
Mention any two benefits of globalisation.
"Globalisation has shifted power from nation-states to global consumers." Justify the statement.
Define globalisation. How is it different from internationalisation?
Distinguish between the following:
Tariff and Non-tariff barriers.
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?
When was WTO established?
Where is the headquarters of WTO located?
Read the following statements carefully and choose the correct alternatives given below:
Statement 1 - India is often called the ‘outsourcing hub’ of the world.
Statement 2 - Availability of skilled manpower is one of the prime factors responsible for the status gained by India at the international platform.
Which of the statements are true about the impact of globalisation?
What is the integration between countries through foreign trade and foreign investments by multinational corporations (MNCs)?
With the globalisation of markets, the tastes and preferences of consumers worldwide are ______.
The other name of World Bank is ______.
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 suggest that outsourcing is good for India?
The IBRD, known as the World Bank, came into force on ______?
Global Burdeno (Disease(GBD) is ______
Consider the following statement(s) that have contributed to the process of globalisation. Choose the correct statement(s).
______ is all about who gets what, when, where and how.
What is/are component/s of worldwide interconnectedness?
Read the passage given below carefully and answer the questions that follow:
Globalisation as a concept fundamentally deals with flows. These flows could be of various kinds - ideas moving from one part of the world to another, capital shunted between two or more places, commodities being traded across borders and people moving in search of better livelihoods to different parts of the world. The crucial element is the ‘worldwide interconnectedness’ that is created and sustained as a consequence of these constant flows. |
- ‘Worldwide interconnectedness’ is also known as ______.
- Globalisation
- Liberalisation
- Socialisation
- Privatisation
- Dimensions of globalisation are ______.
- political, social and spiritual
- social, economic and geographical
- political, economic and environmental
- political, social and economic
- Which among the following increases economic activities?
- Decline in employment
- Increase m the index of poverty
- Strong global economic growth
- Great decline in the trade
- Which one of the following is an impact of globalisation?
- The power of the states has increased.
- New trade barriers have been imposed.
- Choice of the customer has increased.
- It has given a boost to local industries.