Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Globalisation as Borderless World
Globalisation is described as creating a:
- Protected national economy
- Borderless world — Correct Answer
- Government-controlled trade system
- Self-sufficient closed economy
Explanation:
Correct Answer Explanation
Globalisation is described as turning the world into one whole or creating a borderless world.
Key Points:
- It involves creation of networks and activities transcending economic, social, and geographical boundaries.
- Events happening miles away can influence India.
📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL
This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
