Question

Analyse any five positive effects of globalisation on the indian economy

Answer 1

Foreign Direct Investment's impact on economic growth has had a positive growth effect in wealthy countries and an increase in trade and FDI, resulting in higher growth rates. ... Furthermore, globalized countries have lower increases in government outlays and taxes, and lower levels of corruption in their governments.

Answer 2

Answer:

The visible impacts of globalization on Indian economy can be described in the following ways:-

1. There is a wide choice of goods and services in the market .eg the latest model of digital camera mobile phones and televisions made by the leading manufacturers of the world were available globally in the market .
2. Several improvements in the transportation Technology has made much faster delivery of goods across long distances possible and that too on lower rates .
3. Improvement in in information and telecommunication technology is even more remarkable. The invention and use of computers ,Internet ,mobile phone ,fax ,etc., has made contact with each other Around The World quite easily .
4. New jobs have been created in industries where MNCs have invested such as electronics, fast food, cell phone ,etc.
5. Some Indian companies have become multinational by themselves due to globalization such as Tata Motors (automobiles )Ranbaxy ( medicines )Infosys ( computer and information technology ) sources and L&T( construction ) .

hope this may helped u plz mark me as branilist...