Which one of the following is not true regarding impact of globalization on India?
a) It has created Jobs in the service sector.
b) People with education, skill and wealth have not been benefitted
c) benefits of globalisation are not shared equally
d) Labour laws are not implemented properly and workers are denied their rights

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Solution

b) People with education, skill and wealth have not been benefited.

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The workers of a formal sector are not entitled to social security benefits like pension, medical allowance etc.

Q. Which of the following can be done if the labour laws are not followed properly?

Which of the statements are TRUE about the impact of globalisation?

a. Globalisation has been uneven in its impact on states and societies.
b. Globalisation has had a uniform impact on all states and societies.
c. The impact of globalisation has been confined to the political sphere.
d. Globalisation inevitably results in cultural homogeneity.

Fill in the blanks using the correct option given in the bracket:

(i) Employment in the service sector _________ increased to the same extent as production. (has / has not)

(ii) Workers in the _________ sector do not produce goods. (tertiary / agricultural)

(iii) Most of the workers in the _________ sector enjoy job security. (organised / unorganised)

(iv) A _________ proportion of labourers in India are working in the unorganised sector. (large / small)

(v) Cotton is a _________ product and cloth is a _________ product. (natural / manufactured)

(vi) The activities in primary, secondary and tertiary sectors are _________. (independent / interdependent)

Statement: In the recently held All India commerce conference, the session on ‘Management of service sector in India’ surprisingly attracted large number of participants and also received a very good media coverage in the leading newspapers.

Assumptions:

I. People were not expecting such an encouraging response for service sector.

II. Service sector is not managed properly in India.

III. Media is always very positive towards service sector.

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