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Which of the following was a direct consequence of globalization on the Indian economy?

easy Q13 of 15
Economic Awareness - Sectors of Indian Economy
Which of the following was a direct consequence of globalization on the Indian economy?
AIncreased import tariffs
BRestriction on foreign direct investment
CNationalization of private enterprises
DIntegration with global markets
Step-by-Step Solution
  1. Step 1: Identify the concept

    The question tests understanding of the effects of globalization on India.
  2. Step 2: Apply the concept

    Globalization led to integration of Indian economy with global markets, encouraging trade and investment.
  3. Final Answer:

    Integration with global markets → Option D
  4. Quick Check:

    Globalization effect = Integration with global markets ✅
Quick Trick: Globalization means opening up to world economy.
Common Mistakes:
MISTAKES
  • Confusing globalization with protectionism or nationalization.
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