How has globalisation affected local industries in developing countries?

It has completely abolished local industries

It has increased competition but also opportunities

It has resulted in uniform pricing worldwide

It has limited foreign investments

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Q1.

Define globalisation and explain how it impacts the Indian economy.

Q2.

Discuss the role of multinational companies in facilitating globalisation through trade and investment.

Q3.

What are some important factors and institutions that facilitate globalisation?

Q4.

Analyse the positive impacts of globalisation on the Indian economy.