Globalisation and Indian Economy
Economics ⇒ International Trade and Globalisation
Globalisation and Indian Economy starts at 11 and continues till grade 12.
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Define globalisation in the context of the Indian economy.
Describe the effect of globalisation on small-scale industries in India.
Describe the impact of globalisation on the Indian manufacturing sector.
Describe the role of multinational corporations (MNCs) in the process of globalisation in India.
Discuss any two challenges faced by India due to globalisation.
Discuss the impact of globalisation on Indian culture.
Explain how globalisation has impacted the Indian service sector.
Explain the concept of 'balance of payments' and its relevance to globalisation.
Which of the following is a benefit of globalisation for Indian consumers? (1) Limited product choices (2) Higher prices (3) Access to better quality goods (4) Reduced competition
Which of the following is a challenge for India in the era of globalisation? (1) Technological advancement (2) Skill development (3) Protection of domestic industries (4) Increase in exports
Which of the following is a direct result of globalisation in India? (1) Decrease in foreign exchange reserves (2) Increase in foreign direct investment (3) Decline in service sector (4) Reduction in technology transfer
Which of the following is a negative impact of globalisation on Indian agriculture? (1) Increase in crop diversity (2) Price instability (3) Improved irrigation (4) Higher government subsidies
Fill in the blank: The policy of allowing private sector participation in public sector enterprises is called ________.
Fill in the blank: The policy of selling government-owned enterprises to private individuals or companies is called ________.
Fill in the blank: The process of integrating the domestic economy with the world economy is called ________.
Fill in the blank: The process of removing barriers or restrictions set by the government is known as ________.
State whether the following statement is true or false: Globalisation has led to the entry of foreign banks in India.
State whether the following statement is true or false: Globalisation has led to the spread of Indian culture worldwide.
True or False: Foreign Direct Investment (FDI) is a key component of globalisation.
True or False: Globalisation has led to increased competition for Indian industries.
