Single Answer MCQ
Q-00015812

Which of the following is a potential benefit of globalisation for India’s economy?

1

Economic isolation from global markets

2

Increased foreign direct investment

3

Decline in local industries

4

Rising unemployment rates

Answer and Solution

Answer

B. Increased foreign direct investment

Solution:

Increased foreign direct investment brings capital and technology to India, benefiting the economy. The other options represent negative outcomes rather than benefits.

Watch Video Solution