Question

Q4. Which of the following strategy was not used to promote globalization
of the Indian economy *
O A) Increase in the equity limit of foreign investment
O B) Partial convertibility of the Rupee
OC) Increase in tariff and non tariff barriers
O D) Promotion of export of Indian goods​

Answer 1

option B partial convertibility of rupee

Answer 2

Option C is correct i.e. increase in tariff and non-tariff barriers.

• Increase in tariff and non-tariff barrier is not a good strategy to promote globalization.

• We should make reduction in trade barriers in order to promote globalization.

• Globalization can be defined as the speedup of movements and interactions (of human beings, goods, and facilities, capital, technologies or cultural practices) throughout the planet.

Hope it helped...