Globalisation refers to
A more integrated and interdependent world
Less foreign trade and investment
Global warming
Lower income
Globalisation can create problems for business because
It can result in more competition
It increases vulnerability to political risk and uncertainty when operating abroad
It means that they can increase prices
It means that they can decrease prices
Which of the following do NOT facilitate Globalisation?
Improvements in communications
Barriers to trade and investment
Immigration controls
Removal of controls on movement of capital across borders
The member countries of WTO are
120
157
86
58
One major government initiative to attract foreign companies to invest in India is
To raise the standard of education
To promote unemployment in the public sector
To build special economic zones
To promote village level programmes
What is the main feature of New Economic Policy?
Liberalization
Globalisation
Privatization
All of these
Globalisation integrates different countries:
Through foreign trade
Through foreign investment
By multinational corporations
All the above
What are SEZs?
Special Economic Zones
Special Excise Zones
Special Export Zones
Special Experience Zones
The most dominant group in the World Trade Organization (WTO) is of :
Developing countries
Developed countries
Countries of the middle east
Asian countries
When was privatization adopted in India?
1957
1995
1991
1926
