Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Liberalisation, Privatisation and Globalisation - An Appraisal

Question:

Which of the following option is NOT the outcome of globalisation?

Options:

Sharing of human resource

Increased market size

Increase in interest rates

Growth in level of production in the economy

Correct Answer:

Increase in interest rates

Explanation:

With help of outsourcing, globalisation has shown its impact on sharing of human resource. Also, with increased level of production activity and market size, growth of economy accelerated.