Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Globalisation means which of the following?

Options:

Reduced role of public sector

Integration among economies

Reduced government controls and restrictions

Lowering interest rates

Correct Answer:

Integration among economies

Explanation:

Globalization refers to the increased interconnectedness and interdependence of economies around the world. It involves the flow of goods, services, capital, and information across borders, creating a more integrated and interconnected global economy.