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Single Answer MCQ
Q-00044185

How has globalization affected farmers' income in India?

1

Reduced overall income

2

Increased competition with imports

3

Decreased reliance on markets

4

Reduced technology access

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Increased competition with imports

Solution:

Globalization has increased competition with imports, which can pressure local farmers and affect their income negatively as they compete with cheaper foreign products.

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