Enabling Factors and Impact of Globalisation

Globalisation has enabled all companies to increase their investments. 

Which of the following statement(s) is/ are correct about Liberalisation of foreign trade and foreign investment policy? 

_____ created new opportunities for companies providing services, particularly those involving IT. (Globalisation/Urbanisation) 

_____ has helped in making faster delivery of goods across long distances possible at lower costs. (Transportation Technology/ Manufacturing Process)

Several top ______ have benefitted because of increased competition and investments from Multinational corporations. (Indian Companies/ American Companies)

Globalisation and greater competition amongst producers has been of advantage to both local and foreign producers, it has also acted as an advantage to _____. (Manufacturers/ Consumers) 

______ have increased their investments in India in the last twenty years. (Multinational Companies/ Startups) 

______ results in connecting the markets or integration of markets in different countries. (Foreign Trade/ Domestic Trade) 

Trade barriers are restrictions that have been set up by the government to regulate _____ in the country. (Foreign Trade/ Internal Trade)

Movement of people for better job and opportunities also enabled the process of globalisation. 

Globalisation created safe job for workers. 

Globalisation resulted in creating greater competition amongst _____. (Producers/ Consumers)

The New Economic Policy came to force in _____. ($1991/1995)$

______ led to the increase in exports and imports across the countries, thereby contributing to the process of globalisation. (Liberalisation/ Nationalisation)

Consumers have benefitted the most from Globalisation. 

The New Economic Policy of $1991$ was concerned with the policies of Globalisation, Privatisation and Liberalisation. 

After $1991$, privatisation of trade and investment regime was initiated to increase the inflow of investments and technology into the economy. 

Information and communication technology facilitated connections to communicate from remote areas.

Which of the following has been the main channel for connecting nations since ancient times? 

Which of the following statement(s) is/are correct about the Phenomenon of Globalization?