Question : Statement 1: Globalization refers to the increasing integration of economies and societies worldwide.

Statement 2: Globalization promotes the decentralization of economic activities.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Globalization refers to the increasing:

Option 1: Localization of economic activities

Option 2: Integration of economies and societies

Option 3: Protectionism in trade and investments

Option 4: Autarky in international relations

Question : Statement 1: Globalization promotes cultural diversity and exchange.

Statement 2: Negative aspects of globalization include the spread of infectious diseases

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: The 1991 economic policy in India aimed to liberalize the Indian economy.

Statement 2: Liberalization refers to the reduction of government restrictions on economic activities.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.

Question : Statement 1: The process of globalization has produced only positive results for India.

Statement 2: Market-driven globalization reduces the economic disparities among nations and people.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, and statement 2 is false.

Option 4: Statement 1 is false, and statement 2 is true.