Question:
What do you understand by globalisation? Explain in your own words.
Answer:
Globalisation is the rapid integration or interconnection between countries mostly on the economic plane. In other words, Globalisation means integrating our economy with the world economy.
Globalisation and the Indian Economy
Q 1.
How would flexibility in labour laws help companies?
Q 2.
Write a short note on WTO.
Q 3.
What are the positive impacts of globalisation in India ?
Q 4.
What are the various ways in which MNCs set up, or control, production in other countries?
Q 5.
Differentiate between a ˜permanent worker ' and a ˜temporary worker'.
Q 6.
Write a short note on MNCs with an example.
Q 7.
What are the positive impacts of globalisation in India?
Q 8.
What are the factors that have enabled globalisation ?
Q 9.
How has liberalisation of trade and investment policies helped the globalisation process?
Q 10.
Mention a few negative impacts of globalisation in India.
Q 11.
Mention a few negative impacts of globalisation in India.
Q 12.
What do you understand by globalisation? Explain in your own words.
Q 13.
What was the reasons for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
Q 14.
“The impact of globalisation has not been uniform.” Explain this statement.
Q 15.
What are the factors that have enabled globalisation?
Q 16.
IT in globalisation Discuss.
Q 17.
Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?
Q 18.
What is meant by interlinking production across countries?
Q 19.
IT in globalisation “ Discuss.
Q 20.
How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.
