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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