Question : One positive impact of globalization on the Indian economy is:
Option 1: Increased job opportunities
Option 2: Decline in foreign direct investment (FDI)
Option 3: Restriction on cross-border trade
Option 4: Limited access to advanced technology
Correct Answer: Increased job opportunities
Solution : The answer is (a) Increased job opportunities.
Globalization has led to increased job opportunities in India in a number of ways. First, it has led to increased foreign direct investment (FDI) in India. FDI is when a company from one country invests in a company in another country. This has created new jobs in India in a number of sectors, including manufacturing, IT, and services.
Question : What is the full form of FDI?
Option 1: Foreign Direct Input
Option 2: Foreign Direct Investment
Option 3: Fiscal Direct Investment
Option 4: Fiscal Direct Input
Question : Which of the following is a key driver of globalization?
Option 1: Decreased communication technology
Option 2: Increased trade barriers
Option 3: Advances in transportation
Option 4: Reduced foreign direct investment
Question : What was the main purpose of allowing foreign direct investment (FDI) in India?
Option 1: Enhancing employment opportunities
Option 2: Increasing government revenue
Option 3: Promoting sustainable development
Option 4: Attracting advanced technology
Option 1: Floating Deposit Investment
Option 3: Foreign Diverse Investment
Option 4: Financial Derivatives in India
Question : Which type of foreign investment is considered unsafe?
Option 1: Foreign Direct Investment (FDI)
Option 2: Portfolio Investment
Option 3: NRI deposits
Option 4: External commercial borrowing
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