What impact does globalisation have on traditional industries in developing countries?

It solely benefits local producers

It can lead to increased competition and disruption

It prevents modernization and growth

It eliminates jobs in all sectors

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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.