Indian Economy

Globalisation in Indian economy (4)

Open Ended

What did you learn yesterday ?

Multiple Choice

MNCs are investing in India because of ...............

• the cheaper production costs

• Plenty of raw materials

• good government policies

Open Ended

What are the impact of globalisation ? Write any 3 points

Multiple Choice

Choose the incorrect statement.

• MNCs have increased their investments in India over the past 20 years, which means investing in India has been beneficial for them.

• Globalisation and greater competition among producers - both local and foreign producers - has been of advantage to consumers, particularly the well-off sections in the urban areas.

• Government has also allowed flexibility in the labour laws to attract foreign investment.

• several of the top Indian companies have been able to drawback from the increased competition. They have invested in newer technology and production methods and raised their production standards.