Comprehension

Globalisation is a multi-dimensional concept. It has political, economic and cultural manifestations, and these must be adequate distinguished. The impact of globalisation in vastly uneven. It affects some societies more than others. It is important to avoid drawing general conclusions about the impact of globalisation without paying sufficient attention to specific contexts. Globalisation as a concept fundamentally deals with flows. These flows could be of various kinds- ideas moving from one part of the world to another, capital shunted between two or more places, commodities being traded across borders, and people moving in search of better livelihoods to different parts of the world.

Question: 1

Globalisation is a most dimensional concept because it deals with :

Updated On: Sep 16, 2024
  • Political, economic, cultural etc aspects.
  • Democratic countries only
  • Economic Aspect
  • MNC's
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The Correct Option is A

Solution and Explanation

The correct option is (A):Political, economic, cultural etc aspects.
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Question: 2

It is important to avoid a general conclusion about Globalisation because :-

Updated On: Sep 16, 2024
  • It's impact will vary due to different contexts.
  • There are different winds of Globalisation.
  • It is not a world-wide phenomenon.
  • Only the developed world is involved.
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The Correct Option is A

Solution and Explanation

The correct option is (A):It's impact will vary due to different contexts.
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Question: 3

The process of Globalisation
A. affects almost every society.
B. involves flow of various kinds.
C. Does not deals with Individual.
D. Wherein commodities cannot be traded across borders.
E. impact varies on the basis of context.
Choose the correct answer from the options given below :

Updated On: Sep 16, 2024
  • A, B, C only
  • A, B, E only
  • B, C, E only
  • A, D, E only
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The Correct Option is B

Solution and Explanation

The correct option is (B):A, B, E only.
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Question: 4

A. Due to Globalisation, the states become borderless.
B. Due to Globalisation, the borders have became blurred.
C. Due to Globalisation, border doesn't get affected.
D. Due to Globalisation, there is flow commodities and goods.
E. Due to Globalisation, there is flow capital and people.
Choose the correct answer from the options given below :

Updated On: Sep 16, 2024
  • A, B, D, E only
  • A, B, C, D only
  • B, C, D, E only
  • A, C, D, E only
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The Correct Option is A

Solution and Explanation

The correct option is (A):A, B, D, E only.
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Question: 5

Choose the incorrect from the following :-

Updated On: Sep 16, 2024
  • World Bank is on international organisation.
  • World Bank provides loan to member-countries as well or non-member countries.
  • World Bank influences the economic policy of the developing countries.
  • World Bank Works for human development, agriculture and rural development, environment protection, governance, to name a few.
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The Correct Option is B

Solution and Explanation

The correct option is (B):World Bank provides loan to member-countries as well or non-member countries.
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