Question

One of the major result of globalization in india has been in growth of
(A) outsourcing by MNCs
(B) transportation services
(C) telecommunication service
(D) none of the above

Answer 1

Explanation:

For example, there has been a rapid growth in air-travel, enabling greater movement of people and goods across the globe. 4) Rise of WTO: The formation of WTO in 1994 led to reduction in tariffs and non-tariff barriers across the world. It also led to the increase in the free trade agreements among various countries.