Edzy
Single Answer MCQ
Q-00015817

How does the global supply chain affect local industries in India?

1

It exclusively benefits multinational corporations.

2

It allows local industries to participate in larger markets.

3

It eliminates the need for local suppliers.

4

It does not have significant effects.

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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. It allows local industries to participate in larger markets.

Solution:

The global supply chain can provide local industries opportunities to reach larger markets, enhancing their growth potential. The other options incorrectly characterize the impact of the global supply chain.

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