Target Exam

CUET

Subject

Sociology

Chapter

Indian Society: Market as a social Institution

Question:

Central features of globalisation are.

A. Increasing extension of market around the world
B. Integrating of markets around the world
C. Restricting markets around the world
D. Decreasing extension of market around the world

Choose the correct answer from the options given below:

Options:

A and B only

A and C only

B and C only

B and D only

Correct Answer:

A and B only

Explanation:

The correct answer is option 1: A and B only

The central features of globalisation include:

  • A. Increasing extension of markets around the worldTrue. Globalisation expands the reach of markets across national boundaries.

  • B. Integration of markets around the worldTrue. Globalisation connects local, national, and international markets into a unified global economy.

  • C. Restricting markets around the worldIncorrect. Globalisation promotes openness, not restriction.

  • D. Decreasing extension of markets around the worldIncorrect. It does the opposite — it increases extension.