Single Answer MCQ
Q-00015805
What has been a major benefit of globalisation for well-off consumers in urban India?
1
Higher product quality
2
Increased employment opportunities
3
Reduction in residential prices
4
Government subsidies
Answer and Solution
Answer
A. Higher product quality
Solution:
Globalisation has led to greater competition, which has improved product quality. While employment opportunities and subsidies may exist, the primary benefit to urban consumers has been enhanced product quality.
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