Q1. The main aim of globalisation in India was to____.
- (a) Restrict and close foreign trade completely
- (b) Promote only self-sufficiency within the nation
- (c) Increase and maintain higher trade barriers
- (d) Integrate Indian economy with global markets
Answer & solution
Answer: (d) Integrate Indian economy with global markets
Key Facts:
1. Globalisation aimed to open Indian economy to world markets
2. Reduced trade barriers and import restrictions
3. Encouraged foreign investment and technology transfer
4. Integration with global economy for growth and competition
Options 1, 2, 3 represent opposite policies (protectionism)
Answer: Option 4 → Integrate Indian economy with global markets