Question

Which of the following Indian industries has been hit hard by globalisation? * a) information technology (IT) b) Toy making c) Jute d) Cement

Answer 1

Answer:

b) toy making

Explanation:

this is because cheap toys were imported from china due to which option B) toy making is the answer

Answer 2

Which of the following Indian industries has been hit hard by globalisation?

a) information technology (IT) b) Toy making c) Jute d) Cement

The correct answer is :

c) Jute

Explanation :

Jute is the Indian industries been hit hard by globalisation.

The jute industry has been badly affected due to globalisation. The jute industry was a major industry in India and India ranks first in the world in terms of jute production. India has been globally important in the production of the jute industry since the colonial period and enjoys the status of a major industry.

Due to globalisation the key structural ratios such as labour productivity, capital cost and total factor productivity are increasing, hence affecting the intensity and quality of their production. The jute industry is unable to adjust itself to the specific conditions arising due to globalisation and has been badly affected due to globalisation.

#SPJ3