Download App

Globalisation — Political Science STD 12 Humanities — Question

CBSE BoardEnglish MediumSTD 12 HumanitiesPolitical ScienceGlobalisation5 Marks
Question
What are the economic implications of globalisation? How has globalisation impacted on India with regard to this particular dimension?
✓

Answer

  1. Economic Implications of Globalisation (Positive):
  1. It involves greater economic flows among various countries.
  2. It has enhanced trade in commodities among countries.
  3. The restrictions on the imports and movement of capital have also been reduced.
  4. This has spread internet and computer related services across national boundaries.
  1. ​​​​​​​Negative Economic Implications:
  1. ​​​​​​​Economic globalisation has created diverse opinion all over the world as to benefit only a small section of society.
  2. It does not have equality at par the movement of people across the globe i.e. developed countries have carefully guarded their borders with visa policies to ensure job security to their own citizens.
  3. It has created disparities among states also by making the rich more richer and the poor more poorer.
  1. ​​​​​​​Impact of Globalisation on India:
  1. ​​​​​​​More new jobs have been created in the MNCs like cell phones, fast food etc.
  2. India is playing a crucial role among developing countries in trade and commerce by making some companies multinational themselves i. e. Tata Motors, Ranbaxy etc.
  3. Foreign Direct Investment have also been increased.
  4. It has invited inflow of private foreign capital and export oriented activities.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "5 Marks Question" from Globalisation→Globalisation — all question types→Political Science STD 12 Humanities question papers→CBSE Board STD 12 Humanities question papers→CBSE Board question paper generator→

Similar questions

How did India play a crucial role in the Non-aligned Movement during the Cold War period? Explain.
→
Critically examine the major outcomes of the Indian model of mixed economy.
→
How should a political party resolve its internal differences? Here are some suggestions. Think of each and list out their advantages and shortcomings.
  1. Follow the footsteps of the party president.
  2. Listen to the majority group.
  3. Secret ballot voting on every issue.
  4. Consult the senior and experienced leaders of the party.
→
Distinguish between the economic ideologies of the Congress Party and the Swatantra Party formed in 1959.
→
Highlight any four consequences of the partition of India in 1947.
→
While the Chinese economy has improved dramatically, why has every Chinese not received the benefits of the reforms? Give any four reasons.
→
From 1989 to 2004, there have been nine coalition governments in India. Analyse the rise and fall of any two such coalition governments.
→
Identify any two aspects of India’s foreign policy that you would like to retain and two that you would like to change, if you were to become a decision maker. Give reasons to support your position.
→
Read the passage given below carefully and answer the following questions:
The Congress evolved from its origins in 1885 as a pressure group for the newly educated, professionals and commercial classes to a mass movement in the twentieth century. This laid the basis for its eventual transformation into a mass political party and its subsequent domination of the political system. Thus the Congress began as a party dominated by the English speaking, upper caste, upper middle class and urban elite. But with every Civil Disobedience Movement it launched, its social base widened.
  1. What is meant by a pressure group?
  2. Explain the reason for the Congress to be transformed into a rainbow-like social coalition by the time of Independence.
  3. What made the Congress into a mass political party in the twentieth century?
→
What was India’s foreign policy towards the US and USSR during the Cold War era? Do you think that this policy helped India’s interests?
→