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Question

Globalisation is a reality now. The concern is how we make it more equitable.

Which of the following statement(s) will you suggest in this context?

A
Proper implementation of labour laws
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B
Divert more profit and benefits to the owners of MNCs
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C
Investment in education, skills, and technology
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D
Access to financial services
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Solution

The correct option is D Access to financial services
To make the process of globalisation more equitable, the government has to play a significant role. In this context, the government must ensure the proper implementation of labour laws to prevent workers' exploitation. The business must be provided with more financial services in terms of banking and insurance. Also, there is a need for huge investments in education, skill development, and technology to reap the benefit of globalisation.

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