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Unit 4 Ch 4 : Globalization and the Indian Economy — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 4 : Globalization and the Indian Economy3 Marks
Question
How are companies providing services benefitted by globalisation?
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Answer

  1. Globalisation has also created new opportunities for companies providing services, particularly those involving IT.
  2. There are Indian companies which are producing magazines for the London-based companies and call centres are also existing due to globalisation only.
  3. Besides, a host of services such as data entry, accounting, administrative tasks, engineering are now being done cheaply in developing countries such as India and are exported to the developed countries.

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