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Globalization Impacts on Indian Economy Quiz
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Globalization Impacts on Indian Economy Quiz

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@RefinedWormhole

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Questions and Answers

Which of the following is not an impact of globalization on the Indian economy?

  • Erosion of traditional industries
  • Rapidly declining population growth (correct)
  • Integration into the global supply chain
  • Increased foreign direct investment (FDI)
  • What has been a consequence of globalization on India's agricultural sector?

  • Increase in government subsidies for farmers
  • Shift towards cash crops and commercial farming (correct)
  • Decrease in competition from international agricultural products
  • Higher dependence on traditional farming methods
  • How has globalization affected the Indian economy's employment landscape?

  • It has primarily focused on enhancing job opportunities in the agricultural sector
  • It has resulted in a shift towards manufacturing and away from service sectors
  • It has only led to an increase in low-skilled job opportunities
  • It has both created and eliminated jobs across various sectors (correct)
  • How has globalization impacted India's cultural industries?

    <p>It has caused a blend of traditional and Western cultural elements</p> Signup and view all the answers

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