Edzy
Single Answer MCQ
Q-00015809

What is one major challenge of globalisation for local producers in India?

1

Access to global markets

2

Increased competition from foreign companies

3

Higher quality raw materials

4

Support from the government

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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

B. Increased competition from foreign companies

Solution:

Local producers face increased competition from foreign companies entering the Indian market, which can negatively impact their viability. The other options do not accurately reflect challenges posed by globalisation.

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