Question

what was the impact of globalisation on India? explain 3 points

Answer 1

1. It has improved the productivity and efficiency of Indian companies in the in the use of resources through the process of competition.
2. The growth rate of Indian economy has gone up with the increase for investment and foreign technology in India.
3. It has allowed to consumer to enjoy a wider range of goods and services are lower costs.

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Answer 2

Answer:

Effect of Globalisation in India

Effect of Globalisation in India The growth of foreign investment in the field of corporate, retail and the scientific sector is enormous in the country. It also had a tremendous impact on the social, monetary, cultural and political area.

THREE POINTS

1.Higher standard of living in urban areas.

1.Higher standard of living in urban areas.2.The impact has not been uniform among producers and investors.

1.Higher standard of living in urban areas.2.The impact has not been uniform among producers and investors.3.There is greater choice before the consumers who now enjoyed quality and lower prices for several products

Explanation:

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