Question

examine the impact of globalisation in india.Any five points.
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Answer 1

Answer:

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The following are the positive impacts of globalisation on the Indian economy:

1) Increased foreign investment in India. ...

2) Opening up of the Indian markets to foreign goods.

3) The greater competition among companies leading to improvement of quality with reduction in prices of the products.

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Answer 2

Answer:the impacts of globalisation are positive as well as negative

Explanation:

Positive impacts

Greater choice of good

Good quality at cheaper rate

Many companies have developed into MNCs

Negative impact

Poor working condition

Many local workers were forced to shut down

MNCs are not ready to share the profit with the workers