What is a common misconception about globalisation's impact on local cultures?

It completely eradicates local cultures.

It may lead to cultural exchange.

It strengthens local traditions.

It only influences urban areas.

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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.