Choose whether the given statement is True/False:

Markets in our country have been transformed in recent years.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
The market has indeed become more accessible thanks to the onset of globalisation and the liberalisation of policies. The consumer now has access to a variety of goods and services.
MNCs have been extremely important in the global market. The country has seen a rise in foreign investment and commerce. Additionally, it has led to international technology exchange. Technology in telecommunications, computers and the internet has recently been evolving.
Additionally, the globalisation of business has opened up new prospects for service providers, notably those in the IT industry. Migration has increased as a result of people's access to better jobs. Some sizable Indian corporations have become multinationals thanks to globalisation.

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