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.
Write a short note on WTO.
Q 2.
How would flexibility in labour laws help companies?
Q 3.
What are the positive impacts of globalisation in India ?
Q 4.
What are the positive impacts of globalisation in India?
Q 5.
What are the various ways in which MNCs set up, or control, production in other countries?
Q 6.
What are the factors that have enabled globalisation ?
Q 7.
Differentiate between a ˜permanent worker ' and a ˜temporary worker'.
Q 8.
Mention a few negative impacts of globalisation in India.
Q 9.
Mention a few negative impacts of globalisation in India.
Q 10.
How has liberalisation of trade and investment policies helped the globalisation process?
Q 11.
What do you understand by globalisation? Explain in your own words.
Q 12.
Write a short note on MNCs with an example.
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.
IT in globalisation Discuss.
Q 16.
What are the factors that have enabled globalisation?
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.
