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

Economic isolation from global markets

Increased foreign direct investment

Decline in local industries

Rising unemployment rates

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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.