Social Science: Globalisation and the Indian Economy - Concept of Globalization and Factors


"A wide ranging choice of goods are available in the Indian markets." Support the statement with examples in context of globalisation.



A wide ranging choice of goods are available in the Indian markets. That is, the latest products such as digital cameras, mobile phones and LED televisions manufactured by leading manufacturers of the world are available in the markets. Also, new models of automobiles can be seen in the Indian markets, as a result, Indians are now buying cars made by top companies. Besides this, different brands of shirts, processed fruit juices, footwear, etc are also available in the Indian markets.

Concept: Concept of Globalization and Factors
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2015-2016 (March) Delhi Set 2


"Globalisation has been advantageous to consumers as well as to producers." Support the statement with suitable examples.

What are the two main ways of generating electricity? How are they different from each other? Explain.

Describe the role of Multinational Corporations (MNCs) in promoting globalisation process.

Explain the importance of international trade.

How would flexibility in labour laws help companies?

Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and _____________ has meant greater _______________ among the producers.

Match the following.


MNCs buy at cheap rates from small producers




Quotas and taxes on imports are used to regulate trade


Garments, footwear, sports items


Indian companies who have invested abroad


Call centres


IT has helped in spreading of production of services


Tata Motors, Infosys, Ranbaxy


Several MNCs have invested in setting up factories in India for production


Trade barriers

The most common route for investments by MNCs in countries around the world is to 

Globalisation has led to improvement in living conditions.

Answer the following question:
Explain any five effects of globalization.


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