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Preeti Dabral 2 years, 6 months ago
Globalisation has been advantageous to producers in the following ways:
- The producers now have access to international markets.
- Globalisation has also enabled free movement of capital, i.e.via electronic transfers etc.
- Globalisation has enabled access to foreign investment in capital and technology via Foreign Direct Investment etc.
- Globalization has enabled some big Indian companies to establish themselves as Multi-National Corporations (MNCs). For e.g.Tata Motors.
Globalisation has been advantageous to consumers in the following ways:
- Globalisation has led to employment generation and has benefited the consumer. It has increased the purchasing power of the consumer.
- Globalisation has also given rise to intense competition due to opening up of markets to foreign companies. As a result, this has led to an increase in product quality and a decrease in the prices of the products which ultimately is to benefit of the consumer.
- The consumers have benefited from the arrival of MNCs as they have now a larger choice in the goods and services that are available to them in the market.
- Due to globalization, people can now enjoy a higher standard of living.
Posted by Rajesh Kumar 2 years, 6 months ago
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Preeti Dabral 2 years, 6 months ago
Initially, Sikkim remained an independent country, until it merged with India in 1975 after a decisive referendum. Many provisions of the Indian constitution had to be altered to accommodate the international treaties and between Sikkim and India.
Posted by Rakshita Pahwa 2 years, 6 months ago
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Preeti Dabral 2 years, 6 months ago
India adopted multi-party system because
- It strengthens democracy.
- India is geographically a very large country
- India is socially a very diverse country
- India is culturally and religiously a diverse country.
- All these diversities can be accommodated if there is a multi-party system and just 1 party or 2 party system will not help in more representation and participation of people in democratic processes.
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Preeti Dabral 2 years, 6 months ago
NITI Aayog is basically a think-tank or an advisory body. The Planning Commission had the power to impose policies on States and for the projects approved by the Planning Commission. The powers for the allocation of funds have not been given to the NITI Aayog.
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Venkat M 2 years, 6 months ago
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Posted by Naorem Singh 2 years, 6 months ago
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Shaan Deep Mandal 2 years, 6 months ago
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Iqra Khan 2 years, 1 month ago
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