What could be a consequence of rapid globalisation?

Uniformity in global economies

Diversification of local markets

Preservation of local cultures

Isolationist policies

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Define globalisation and explain how it impacts the Indian economy.

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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.