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
Globalisation refers to
A more integrated and interdependent world
Less foreign trade and investment
Global warming
Lower income
The member countries of WTO are
120
157
86
58
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
What steps can the government take to ensure that the benefits of Globalisation are shared better?
To ensure the proper implementation of labour laws
To support small producers to improve their performance
Using the trade and investment barriers, if necessary
All the above
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
What is the main features of New Economic Policy?
Liberalization
Globalization
Privatization
When did Ford Motors come to India?
1990
1996
1998
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
