Question

Which of the following is not an outcome of globalisation ?

• A. Increased employment opprtunities
• B. Some Indian companies have become multinational corporations
• C. Uncertainty in employment opportunities in some sectors
• D. Increased standard of living of the rural poor

Answer 1

The correct option is D Increased standard of living of the rural poor

Several of the top Indian companies have been able to benefit from the increased competition. They have invested in newer technology and production methods and raised their production standards. Some have gained from successful collaborations with foreign companies. Employment opportunities have been created in many sectors of cell phones, automobiles, electronics, etc. Workers are denied their fair share of benefits brought about by globalisation.