Edzy
Single Answer MCQ
Q-00045602

What has been the overall impact of globalisation on local Indian companies?

1

Complete extinction

2

Limited growth

3

Mixed benefits

4

Immediate decline

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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

C. Mixed benefits

Solution:

Local Indian companies have had mixed benefits; while some have prospered by supplying to MNCs, others have struggled to compete.

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