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Which one of the following is not trueregarding impact of globalisation of India?
[2011 (T-2)]
  • a)
    It has created jobs in the service sector.
  • b)
    People with education, skill and wealth have not been benefited.
  • c)
    Benefits of globalisation are not shared equally.
  • d)
    Labour laws are not implemented properly and workers are denied their rights.
Correct answer is option 'D'. Can you explain this answer?
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Which one of the following is not trueregarding impact of globalisatio...
Option D is not true regarding the impact of globalisation in India because labour laws are implemented properly and workers are given their rights. Globalisation has created jobs in the service sector, and people with education, skill and wealth have been benefited. However, the benefits of globalisation are not shared equally.
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Which one of the following is not trueregarding impact of globalisatio...
Introduction:
Globalization refers to the process of integration and interaction among countries, societies, and economies through the exchange of goods, services, information, and ideas. India, being one of the fastest-growing economies, has experienced the impact of globalization in various aspects.

Explanation:
The correct answer is option 'D' - Labour laws are not implemented properly and workers are denied their rights. This statement is not true regarding the impact of globalization in India. Let's understand why:

1. Creation of jobs in the service sector:
- Globalization has led to the growth of the service sector in India, particularly in areas such as Information Technology (IT) and Business Process Outsourcing (BPO).
- Many multinational companies have set up their operations in India, creating employment opportunities for skilled individuals.
- This has contributed to the growth of the Indian economy and increased employment rates.

2. Benefits to educated, skilled, and wealthy individuals:
- Globalization has provided opportunities for educated and skilled individuals in India.
- This has resulted in increased job prospects, higher salaries, and improved living standards for those with education, skills, and wealth.
- Globalization has opened avenues for entrepreneurship and innovation, allowing individuals to capitalize on new market opportunities.

3. Unequal sharing of benefits:
- The statement that benefits of globalization are not shared equally is true.
- While globalization has brought significant economic growth and opportunities in certain sectors, the benefits have not reached all sections of society equally.
- Income inequality has widened, with the rich getting richer and the poor being left behind.
- The rural population, in particular, has not experienced the same level of benefits as urban areas.

4. Implementation of labor laws:
- The statement that labor laws are not implemented properly and workers are denied their rights is not true.
- India has a comprehensive set of labor laws that protect the rights of workers.
- However, there have been instances where labor laws have been violated, particularly in the informal sector.
- Efforts are being made to strengthen labor laws and ensure their effective implementation to protect workers' rights.

Conclusion:
In conclusion, the impact of globalization on India has been multifaceted. While it has created jobs in the service sector and benefited educated and skilled individuals, there remains a significant gap in the sharing of benefits. Efforts need to be made to address income inequality and ensure the proper implementation of labor laws to protect the rights of workers.
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Read the extract given below and answer the questions that follows:Globalization expands and accelerates the movement and exchange of ideas and commodities over vast distances. Globalisation has created more competitive environment in India. In the past two to three decades, more and more MNCs have been looking for locations around the world which would be cheap for their production. Foreign investment by MNCs in these countries has been rising. At the same time, foreign trade between countries has been rising rapidly. A large part of the foreign trade is also controlled by MNCs. The result of greater foreign investment and greater foreign trade has been greater integration of production and markets across countries. Globalisation is this process of rapid integration or interconnection between countries. MNCs are playing a major role in the globalisation process. More and more goods and services, investments and technology are moving between countries. Besides the movements of goods, services, investments and technology, there is one more way in which the countries can be connected. This is through the movement of people between countries. People usually move from one country to another in search of better income, better jobs or better education. Rapid improvement in technology has been one major factor that has stimulated the Globalisation process. Even more remarkable have been the developments in information and communication technology. 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. There is greater choice before these consumers who now enjoy improved quality and lower prices for several products. As a result, these people today, enjoy much higher standards of living than was possible earlier. Globalisation has also created new opportunities for companies providing services, particularly those involving IT.Answer the following MCQs by choosing the most appropriate optionQ. Process of integration of different countries is called

Read the extract given below and answer the questions that follows:Globalization expands and accelerates the movement and exchange of ideas and commodities over vast distances. Globalisation has created more competitive environment in India. In the past two to three decades, more and more MNCs have been looking for locations around the world which would be cheap for their production. Foreign investment by MNCs in these countries has been rising. At the same time, foreign trade between countries has been rising rapidly. A large part of the foreign trade is also controlled by MNCs. The result of greater foreign investment and greater foreign trade has been greater integration of production and markets across countries. Globalisation is this process of rapid integration or interconnection between countries. MNCs are playing a major role in the globalisation process. More and more goods and services, investments and technology are moving between countries. Besides the movements of goods, services, investments and technology, there is one more way in which the countries can be connected. This is through the movement of people between countries. People usually move from one country to another in search of better income, better jobs or better education. Rapid improvement in technology has been one major factor that has stimulated the Globalisation process. Even more remarkable have been the developments in information and communication technology. 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. There is greater choice before these consumers who now enjoy improved quality and lower prices for several products. As a result, these people today, enjoy much higher standards of living than was possible earlier. Globalisation has also created new opportunities for companies providing services, particularly those involving IT.Answer the following MCQs by choosing the most appropriate optionQ. Globalisation has posed major challenges for

Read the extract given below and answer the questions that follows:Globalization expands and accelerates the movement and exchange of ideas and commodities over vast distances. Globalisation has created more competitive environment in India. In the past two to three decades, more and more MNCs have been looking for locations around the world which would be cheap for their production. Foreign investment by MNCs in these countries has been rising. At the same time, foreign trade between countries has been rising rapidly. A large part of the foreign trade is also controlled by MNCs. The result of greater foreign investment and greater foreign trade has been greater integration of production and markets across countries. Globalisation is this process of rapid integration or interconnection between countries. MNCs are playing a major role in the globalisation process. More and more goods and services, investments and technology are moving between countries. Besides the movements of goods, services, investments and technology, there is one more way in which the countries can be connected. This is through the movement of people between countries. People usually move from one country to another in search of better income, better jobs or better education. Rapid improvement in technology has been one major factor that has stimulated the Globalisation process. Even more remarkable have been the developments in information and communication technology. 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. There is greater choice before these consumers who now enjoy improved quality and lower prices for several products. As a result, these people today, enjoy much higher standards of living than was possible earlier. Globalisation has also created new opportunities for companies providing services, particularly those involving IT.Answer the following MCQs by choosing the most appropriate optionQ. Globalisation has led to higher standards of living of

Read the extract given below and answer the questions that follows:Globalization expands and accelerates the movement and exchange of ideas and commodities over vast distances. Globalisation has created more competitive environment in India. In the past two to three decades, more and more MNCs have been looking for locations around the world which would be cheap for their production. Foreign investment by MNCs in these countries has been rising. At the same time, foreign trade between countries has been rising rapidly. A large part of the foreign trade is also controlled by MNCs. The result of greater foreign investment and greater foreign trade has been greater integration of production and markets across countries. Globalisation is this process of rapid integration or interconnection between countries. MNCs are playing a major role in the globalisation process. More and more goods and services, investments and technology are moving between countries. Besides the movements of goods, services, investments and technology, there is one more way in which the countries can be connected. This is through the movement of people between countries. People usually move from one country to another in search of better income, better jobs or better education. Rapid improvement in technology has been one major factor that has stimulated the Globalisation process. Even more remarkable have been the developments in information and communication technology. 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. There is greater choice before these consumers who now enjoy improved quality and lower prices for several products. As a result, these people today, enjoy much higher standards of living than was possible earlier. Globalisation has also created new opportunities for companies providing services, particularly those involving IT.Answer the following MCQs by choosing the most appropriate optionQ. Globalisation has created new opportunities of

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Which one of the following is not trueregarding impact of globalisation of India?[2011 (T-2)]a)It has created jobs in the service sector.b)People with education, skill and wealth have not been benefited.c)Benefits of globalisation are not shared equally.d)Labour laws are not implemented properly and workers are denied their rights.Correct answer is option 'D'. Can you explain this answer?
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Which one of the following is not trueregarding impact of globalisation of India?[2011 (T-2)]a)It has created jobs in the service sector.b)People with education, skill and wealth have not been benefited.c)Benefits of globalisation are not shared equally.d)Labour laws are not implemented properly and workers are denied their rights.Correct answer is option 'D'. Can you explain this answer? for Class 10 2024 is part of Class 10 preparation. The Question and answers have been prepared according to the Class 10 exam syllabus. Information about Which one of the following is not trueregarding impact of globalisation of India?[2011 (T-2)]a)It has created jobs in the service sector.b)People with education, skill and wealth have not been benefited.c)Benefits of globalisation are not shared equally.d)Labour laws are not implemented properly and workers are denied their rights.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Class 10 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which one of the following is not trueregarding impact of globalisation of India?[2011 (T-2)]a)It has created jobs in the service sector.b)People with education, skill and wealth have not been benefited.c)Benefits of globalisation are not shared equally.d)Labour laws are not implemented properly and workers are denied their rights.Correct answer is option 'D'. Can you explain this answer?.
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