Which of the following is NOT a driver of Globalisation?
The fragmentation of consumer tastes between countries
The competitive process
Multinational companies successfully persuading governments to lower trading barriers
The need to gain economies of scale
Globalisation integrates different countries:
Through foreign trade
Through foreign investment
By multinational corporations
All the above
When was privatization adopted in India?
1957
1995
1991
1926
The member countries of WTO are
120
157
86
58
Name the organization which lay emphasis on liberalization or foreign trade and foreign investment in India.
WHO
WTO
UNESCO
UNICEF
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 are SEZs?
Special Economic Zones
Special Excise Zones
Special Export Zones
Special Experience Zones
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
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
When did Ford Motors come to India?
1990
1996
1998