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Q.

Choose the given statement is true/false:


The impact of globalisation has not been uniform.


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true.
The word “globalisation'' means that the economy, culture, and people are growing independently. The globalisation of the Indian economy has come so far that great choices are available for customers at a lower price than ever before. The standards of living have increased since the earlier times as well. Local companies now have more opportunities to sell their products to MNCs. The standard and level of production have been increased. But at the same time, we cannot employ the labour class. The flexibility in labour laws worsens the condition. They are getting appointed on a non-regular basis, so the company should not pay them for the facilities. The opportunities have been increased for skilled and educated people only.
 
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