Two statements I and II are given below. Read both the statements carefully and choose the correct option:
Statement I: Rapid improvement in technology has been one major factor to stimulate the globalisation process.
Statement II: This has made much faster delivery of goods across long distances possible at lower costs.
[1 marks]
How did the process of liberalisation initiated in India in the 1990s, promote globalisation? Explain.
[2 marks]
Choose the correct option to fill the blank.
Removing barriers or restrictions on business and trade set by the government is called as ________.
[1 marks]
(A) "Globalisation is the process of rapid integration or interconnection between countries." Explain the statement with examples.
OR
(B) 'Improvement in technology has stimulated the globalisation process.' Explain the statement with examples.
[5 marks]
Which one of the following is a major benefit to an MNC when it works on joint production with a local company?
[1 mark]
(a) Analyse the impact of globalization in India.
OR
(b) Analyse the ways to make globalization fair.
[5 marks]
(a) Examine the factors which facilitate globalization in India.
OR
(b) Assess, how globalization has touched the lives of larger society.
[5 marks]