Choose the correct statement about factors regarding globalization in India:
I. Improvement in transportation technology.
II. Liberalization of foreign trade and foreign
investment.
III. Favourable rules of WTO towards India in comparison to developed countries.
I. Improvement in transportation technology.
II. Liberalization of foreign trade and foreign
investment.
III. Favourable rules of WTO towards India in comparison to developed countries.
Choose the correct option from the codes given
below:
below:
(A) Only I and II
(B) Only I and III
(C) Only II and III
(D) Only III
(B) Only I and III
(C) Only II and III
(D) Only III
A) Only I and II
Explanation:
The factors enabled globalisation in India are as follows:
i. Improvement in transportation and communication
ii. The liberalisation of foreign trade and foreign investment
ii. The liberalisation of foreign trade and foreign investment
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