Question

impact of globalisation in Indian economy​

Answer 1

Impacts of globalization in India are as follows:

(i) Globalization improves the productivity and efficiency in the use of resources through the process of competition.

(ii) due to globalization,growth rate of economy has gone up with the increase in foreign investment.

(iii) it allows the consumers to enjoy a wider range of goods and services at lower cost.

Answer 2

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