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Q.

The impact of globalisation on the well-off sections in the urban areas of India are:


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a

Presence of greater choice

b

Improved quality and lower prices

c

Low standard of living

d

Both 1 & 2 

answer is D.

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Detailed Solution

The impact of globalisation on a section of the urban areas in India is that they enjoy a greater choice of selection and improved quality and lower prices. With globalisation, products produced worldwide are present in Indian urban markets. This has increased the availability of choices for urban people. Along with this, the increased competition has led to improved quality of goods. Their prices have also been reduced, which is why the urban areas people prefer these products. Introducing global products in the Indian urban market has improved living standards.
 
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