Single Answer MCQ
Q-00045571
Which of the following best describes the impact of globalisation on consumers in urban areas of India?
1
It reduced the variety of products available.
2
It has led to higher prices for essential goods.
3
It provided greater choice and improved product quality.
4
It decreased consumer incomes.
Answer and Solution
Answer
C. It provided greater choice and improved product quality.
Solution:
Globalisation has led to greater choice and improved quality of products for urban consumers due to increased competition among local and international producers.
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