Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Cheap Imports Affecting Industry
In a globalised world, domestic manufacturers in developing countries face competition from:
- Other domestic firms only
- Cheaper imports from developed countries — Correct Answer
- Government enterprises only
- Agricultural products only
Explanation:
Correct Answer Explanation
Domestic manufacturers face competition from cheaper imports from developed countries.
Key Points:
- Cheaper imports have replaced demand for domestic goods.
- Infrastructure facilities have remained inadequate due to lack of investment.
📚 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.
