Question

Qus. 30. There are a number of factors which is sair enabled globalisation in India. Explain these factors.​

Answer 1

Answer:

Globalisation means unification or integration of the domestic economy with the world economy through trade, capital and technological flows. Factors that supported globalisation in India are as follows :

(a) Reduction of trade barriers with a view to allowing free flow of goods to and from other countries.

(b) Involvement of various local producers with MNCs in various ways.

(c) Some of the large Indian companies like Tata Motors, Infosys (IT), Ranbaxy,Asian Paints etc. emerged as MNCs and start working globally.

Answer 2

Explanation:

Factors that supported globalisation in India are as follows : (a) Reduction of trade barriers with a view to allowing free flow of goods to and from other countries. ... (c) Some of the large Indian companies like Tata Motors, Infosys (IT), Ranbaxy,Asian Paints etc. emerged as MNCs and start working globally.