Target Exam

CUET

Subject

Political Science

Chapter

Contemporary World Politics: Globalisation

Question:

Which of the following statements are correct about Globalisation?

(A) Globalisation has occurred in earlier periods in history in different parts of the world.
(B) In 1991, responding to a financial crisis and to the desire for higher rates of economic growth, India embarked on a programme of economic reforms.
(C) The World Social Forum (WSF) brings together a wide coalition, opposed to neoliberal globalisation.
(D) Technology is not a critical element of globalisation.

Choose the correct answer from the options given below:

Options:

(A), (B) and (C) only

(A), (C) and (D) only

(B), (C) and (D) only

(A), (B) and (D) only

Correct Answer:

(A), (B) and (C) only

Explanation:

The correct answer is Option (1) → (A), (B) and (C) only

(A) Globalisation has occurred in earlier periods in history in different parts of the world. (Correct). While modern globalization is often linked to the post-Cold War era, historical forms of globalization existed through trade routes like the Silk Road, colonial expansion, and the spread of religions and empires.
(B) In 1991, responding to a financial crisis and to the desire for higher rates of economic growth, India embarked on a programme of economic reforms.(Correct).This marks the beginning of India's liberalisation, privatisation, and globalisation (LPG) policies.
(C) The World Social Forum (WSF) brings together a wide coalition, opposed to neoliberal globalisation.(Correct).  The WSF was created as an alternative platform to the World Economic Forum to protest against the negative effects of neoliberal policies and economic globalization.
(D) Technology is not a critical element of globalisation.(Incorrect). Technology is a central driver of globalisation, enabling faster and more efficient movement of people, goods, and information across borders.