Privatisation and Globalisation.

Privatisation and Globalisation.
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Distinguish between: Privatisation and Globalisation.
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Freeing the economy from all unnecessary controls and regulations is referred to as - (1) Freedom (2) Privatisation (3) Liberalisation (4) Globalisation

Description : Freeing the economy from all unnecessary controls and regulations is referred to as - (1) Freedom (2) Privatisation (3) Liberalisation (4) Globalisation

Last Answer : (3) Liberalisation Explanation: Economic liberalization is a very broad term that usually refers to fewer government regulations and restrictions in the economy in exchange for greater participation ... liberalization in short refers to "the removal of controls", to encourage economic development.

Disinvestment in Public Sector is called (1) Liberalisation (2) Globalisation (3) Industrialisation (4) Privatisation

Description : Disinvestment in Public Sector is called (1) Liberalisation (2) Globalisation (3) Industrialisation (4) Privatisation

Last Answer : (4) Privatisation Explanation: Privatization is the process of transferring ownership of a business, enterprise, agency, public service or public property from the public sector (a government) to the ... or functions to private firms, e.g. revenue collection, law enforcement, and prison management.

Relaxing the restrictions and controls imposed on Business and industry means A. Liberalisation B. Privatisation C. Globalisation D. None of the above

Description : Relaxing the restrictions and controls imposed on Business and industry means A. Liberalisation B. Privatisation C. Globalisation D. None of the above

Last Answer : A. Liberalisation

Freeing the economy from all unnecessary controls and regulations is referred to as (1) Freedom (2) Privatisation (3) Liberalisation (4) Globalisation

Description : Freeing the economy from all unnecessary controls and regulations is referred to as (1) Freedom (2) Privatisation (3) Liberalisation (4) Globalisation

Last Answer : Liberalisation

Disinvestment in Public Sector is called (1) Liberalisation (2) Globalisation (3) Industrialisation (4) Privatisation

Description : Disinvestment in Public Sector is called (1) Liberalisation (2) Globalisation (3) Industrialisation (4) Privatisation

Last Answer : Privatisation

Which organisation contributed in the protest against water privatisation in Bolivia? -SST 10th

Description : Which organisation contributed in the protest against water privatisation in Bolivia? -SST 10th

Last Answer : . The protest against water privatisation in Bolivia was not led by any political party. It was led by FEDECOR. . This organisation comprised of local professionals, including engineers and ... of factory workers' unions and the city's growing population of the homeless street children.

Popular struggles are integral to the working democracy.' Explain the statement in the light of Bolivia's struggle against privatisation of water. -SST 10th

Description : Popular struggles are integral to the working democracy.' Explain the statement in the light of Bolivia's struggle against privatisation of water. -SST 10th

Last Answer : 1. The popular struggle of Bolivia took place in the city of Cochabamba when the World Bank pressurised the government to give up its control of municipal water supply to the city. Consequently, ... contract with the MNC was cancelled and water supply was restored to the municipality at old rates.

Explain the measures taken for Privatisation.

Description : Explain the measures taken for Privatisation.

Last Answer : Explain the measures taken for Privatisation.

Liberalisation and Privatisation.

Description : Liberalisation and Privatisation.

Last Answer : Distinguish between: Liberalisation and Privatisation.

Which one of the following is a hindrance to liberty and independence? (1) Centralisation (2) Decentralisation (3) Privatisation (4) Nationalisation

Description : Which one of the following is a hindrance to liberty and independence? (1) Centralisation (2) Decentralisation (3) Privatisation (4) Nationalisation

Last Answer : (1) Centralisation Explanation: Liberty and independence are the twin concepts closely related to democracy. Centralization of power is often attached to despotism and concomitant curtailment of liberty and freedom.

Assertion (A). Private location process leads to change in management with change in ownership. Reason (R). Change in management is not a necessary condition for the process of privatisation. A. Both (A) and (R) are correct. B. (A) is correct but (R) is incorrect. C. (A) is incorrect but (R) is correct. D. Both (A) and (R) are incorrect.

Description : Assertion (A). Private location process leads to change in management with change in ownership. Reason (R). Change in management is not a necessary condition for the process of privatisation. A. Both (A) and (R) are ... C. (A) is incorrect but (R) is correct. D. Both (A) and (R) are incorrect.

Last Answer : B. (A) is correct but (R) is incorrect.

Which can be a method of privatisation ? i. Disinvestment ii. Denationalisation iii. Purchasing Share iv. Takeover v. Merger

Description : Which can be a method of privatisation ? i. Disinvestment ii. Denationalisation iii. Purchasing Share iv. Takeover v. Merger

Last Answer : i. Disinvestment

The credit for inventing the word ―Privatisation‖ goes to A. Elton Mayo B. F.W. Taylor C. L. Urwick D. Peter Drucker

Description : The credit for inventing the word ―Privatisation‖ goes to A. Elton Mayo B. F.W. Taylor C. L. Urwick D. Peter Drucker

Last Answer : D. Peter Drucker

A possible obstacle to growth of privatisation is A. Profit earned by public enterprises B. Sale of least profitable enterprises C. Licensing D. All of these

Description : A possible obstacle to growth of privatisation is A. Profit earned by public enterprises B. Sale of least profitable enterprises C. Licensing D. All of these

Last Answer : B. Sale of least profitable enterprises

In India, Liberalisation & Privatisation began from A. 1991 B. 1971 C. 1981 D. 1947

Description : In India, Liberalisation & Privatisation began from A. 1991 B. 1971 C. 1981 D. 1947

Last Answer : A. 1991

Privatisation of ownership through sale of equity share is called A. Denationalisation B. Disinvestment C. Contracting D. None of these

Description : Privatisation of ownership through sale of equity share is called A. Denationalisation B. Disinvestment C. Contracting D. None of these

Last Answer : B. Disinvestment

Which among these can be condition for the success of privatisation? A. Alternative institutional arrangements B. Barriers to enter the market C. Measurability of performance D. All of the above

Description : Which among these can be condition for the success of privatisation? A. Alternative institutional arrangements B. Barriers to enter the market C. Measurability of performance D. All of the above

Last Answer : B. Barriers to enter the market

Which among these is not a method of privatisation? A. Denationalisation B. Franchising C. Sale of Business D. All of these

Description : Which among these is not a method of privatisation? A. Denationalisation B. Franchising C. Sale of Business D. All of these

Last Answer : C. Sale of Business

Do you think that nuclear war would stifle plans to reduce global warming, curtail settlement on other planets and lead to less globalisation of consumer products?

Description : Do you think that nuclear war would stifle plans to reduce global warming, curtail settlement on other planets and lead to less globalisation of consumer products?

Last Answer : I think this is something that we really need to try, to be sure. I think that any speculation about what would happen (or not happen) as a result of nuclear war is just pure spitballing. No ... billions of people would be dead but the environment would be much improved. The Sierra Club's wet dream.

3. Globalisation has led to improvement in living conditions -Economics 10th

Description : 3. Globalisation has led to improvement in living conditions -Economics 10th

Last Answer : b. of people in developed countries

1. The past two decades of globalisation has seen rapid movements in -Economics 10th

Description : 1. The past two decades of globalisation has seen rapid movements in -Economics 10th

Last Answer : c. goods, services and investments between countries

10. Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these arguments? -Economics 10th

Description : 10. Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these arguments? -Economics 10th

Last Answer : Globalisation has its pros and cons, and there are various advantages and disadvantages of the increasing globalisation in the country. The advantages of increased globalisation include improved ... scale local industrialists are unable to earn much profit. Thereby increasing income inequality.

9. Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer. -Economics 10th

Description : 9. Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer. -Economics 10th

Last Answer : Globalisation will continue in the future as well. Twenty years from now, the production of goods will be more efficient, competition in the market will increase, advancement in every ... increase. Small industries and entrepreneurs will increase as more opportunities will be provided to them.

6. “The impact of globalisation has not been uniform.” Explain this statement. -Economics 10th

Description : 6. “The impact of globalisation has not been uniform.” Explain this statement. -Economics 10th

Last Answer : The impact of globalisation has not been uniform because only the developed countries have gained profits due to globalisation. The developing countries are only a source of setting industries and ... been facing challenges in terms of earning profits and brings their goods in the market.

7. How has liberalisation of trade and investment policies helped the globalisation process? -Economics 10th

Description : 7. How has liberalisation of trade and investment policies helped the globalisation process? -Economics 10th

Last Answer : The liberalisation of trade and investment policies helped the globalisation process because it has helped in the removal of trade barriers. It has made foreign trade and investment easier. The ... as the decision making power of export and import now lies with the businessmen themselves.

1. What do you understand by globalisation? Explain in your own words. -Economics 10th

Description : 1. What do you understand by globalisation? Explain in your own words. -Economics 10th

Last Answer : Globalisation is defined as the integration between countries through foreign trade and foreign investments by multinational corporations (MNCs). Increase in foreign trade, migration of people ... and private and public investments from foreign countries all together contribute to globalisation.

What was the impact of globalisation on workers and small producers in India? -SST 10th

Description : What was the impact of globalisation on workers and small producers in India? -SST 10th

Last Answer : The impact of globalisation on workers and small producers in India is as follows: (i) Small-scale producers have been adversely affected by globalisation because they are not able to compete with ... wages and had to work for long hours on a regular basis without getting any employment benefits.

What is globalisation ? -SST 10th

Description : What is globalisation ? -SST 10th

Last Answer : Movement of people, goods and sen/ices across the nations has been termed as globalisation.

Describe the impact of globalisation on Indian economy with examples. -SST 10th

Description : Describe the impact of globalisation on Indian economy with examples. -SST 10th

Last Answer : Impact of Globalisation on Indian Economy: 1.Higher standard of living in urban areas. 2.The impact has not been uniform among producers and investors. 3.There is greater choice before the ... company and call centres. 7.Local companies supply raw materials to foreign industries and have prospered.

What is globalisation? Describe the role of Multinational Corporations (MNCs) in promoting globalisation process. -SST 10th

Description : What is globalisation? Describe the role of Multinational Corporations (MNCs) in promoting globalisation process. -SST 10th

Last Answer : Globalisation is the process of rapid integration or interconnection between’ countries. Role of MNCs: . By more flow of manpower . Investment . Technology . Goods . Services .Latest education

How did rapid improvement in technology stimulate the globalisation process? -SST 10th

Description : How did rapid improvement in technology stimulate the globalisation process? -SST 10th

Last Answer : . For the past fifty years, several improvements in transportation technology have been made. It has helped in the faster delivery of goods across long distances at lower costs. . Even more ... Internet also allows us to send instant electronic mail and talk across the world at negligible costs.

What is globalisation? What is the role of MNCs in the globalisation process? -SST 10th

Description : What is globalisation? What is the role of MNCs in the globalisation process? -SST 10th

Last Answer : Globalisation is the process of rapid integration or interconnection between countries. . MNCs are playing a major role in the globalisation process. . More and more goods and services, investments and ... Most regions of the world are in closer contact with each other than a few decades back

Which factors have stimulated the globalisation process? -SST 10th

Description : Which factors have stimulated the globalisation process? -SST 10th

Last Answer : The following factors have stimulated the globalisation process. 1.Improvement in transportation: In the last fifty years, there have been a lot of improvements in transportation technology. This has made faster ... Even the payment of money from one bank to another can be made through e-banking.

“Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Description : “Globalisation and greater competition among producers has been of advantage to consumers.” -SST 10th

Last Answer : Globalisation and competition among producers, an advantage to consumers: . Globalisation and greater competition among producers, both local and foreign producers have been of advantage to consumers. . ... several products. . They enjoy much higher standards of living that was possible earlier.

How are companies providing services benefitted by globalisation? -SST 10th

Description : How are companies providing services benefitted by globalisation? -SST 10th

Last Answer : . Globalisation has also created new opportunities for companies providing services, particularly those involving IT. . There are Indian companies which are producing magazines for the London-based ... done cheaply in developing countries such as India and are exported to the developed countries.

Which Indian companies have become MNCs with the competition in globalisation? -SST 10th

Description : Which Indian companies have become MNCs with the competition in globalisation? -SST 10th

Last Answer : . Several of the top Indian companies have been able to benefit from the increased competition. . They have invested in newer technology and production methods and raised their production ... Fastners (nuts and bolts) are some Indian companies which are spreading their operations worldwide.

What is the impact of globalisation on the consumers of India? -SST 10th

Description : What is the impact of globalisation on the consumers of India? -SST 10th

Last Answer : . Globalisation and greater competition among producers-both local and foreign-have been of advantage to consumers, particularly the well-off sections in the urban areas. . There is a greater choice ... As a result, these people today enjoy much higher standards of living than was possible earlier.

What is role of MNCs in the globalisation process? -SST 10th

Description : What is role of MNCs in the globalisation process? -SST 10th

Last Answer : . MNCs are playing a major role in the globalisation process. . More and more goods and services, investments and technology are moving between countries. . Most regions of the world are in closer contact with each other than a few decades back.

How did the Bretton Woods system collapse giving birth to Globalisation? -SST 10th

Description : How did the Bretton Woods system collapse giving birth to Globalisation? -SST 10th

Last Answer : Despite years of stable and rapid growth, not all was well in the post-war world. From the 1960s, the rising cost of US overseas involvement weakened its financial and its competitive strength. ... to the collapse of fixed exchange rates and the introduction of a system of floating exchange rates.

Analyse the importance of multinational companies in the globalisation process. -SST 10th

Description : Analyse the importance of multinational companies in the globalisation process. -SST 10th

Last Answer : 1. Globalization is a process of rapid interdependence and interconnectedness amongst the countries of the world. The Multinational Corporations (MNCs) have played a major role in stimulating and spreading ... linkage of countries and the important role played by the MNCs in such a scenario.

What is globalisation ? Describe the role of Multinational Corporations (MNCs) in promoting globalisation process. -SST 10th

Description : What is globalisation ? Describe the role of Multinational Corporations (MNCs) in promoting globalisation process. -SST 10th

Last Answer : 1. Globalization is a process of rapid interdependence and interconnectedness amongst the countries of the world. The Multinational Corporations (MNCs) have played a major role in stimulating and spreading ... the globe. This process, in turn, has contributed to the growth of globalization process.

Globalisation and greater competition among producers has been of advantage to consumers.' Justify the statement with examples. -SST 10th

Description : Globalisation and greater competition among producers has been of advantage to consumers.' Justify the statement with examples. -SST 10th

Last Answer : Globalisation and greater competition within the market have been of advantage to the consumers, particularly the well-off sections in the urban areas. 1. The consumers now enjoy the improved ... the financial ability of the people, thus, contributing to the overall development of the consumers.

Globalisation and greater competition among producers has been advantageous consumers.' Support the statement with examples. -SST 10th

Description : Globalisation and greater competition among producers has been advantageous consumers.' Support the statement with examples. -SST 10th

Last Answer : Globalisation and greater competition have been advantageous to consumers: 1. The well-off sections of the society have access to highest international brands. For example, a person in India ... using regular clothes can get specialized like sports gear easily because of companies like Reebok.

Answer the following questions in about 120 words. Describe the impact of globalisation on Indian agriculture -SST 10th

Description : Answer the following questions in about 120 words. Describe the impact of globalisation on Indian agriculture -SST 10th

Last Answer : The term Globalisation is not a new term associated with Indian agriculture. It was practiced at the time of colonisation. In the 19th century, European traders came to India and exported Indian spies to ... same time. India's climate can be harnessed to grow a wide range of high value crops.

Suggest any three measures to make globalisation just and fair ? -SST 10th

Description : Suggest any three measures to make globalisation just and fair ? -SST 10th

Last Answer : Globalisation means unification or intergration of the domestic economy with the world economy through trade, capital and technology flows. Government can ensure fair globalization to its people in ... and can align with developing countries to stand against the domination of developed countries.

How has liberalisation of trade and investment policies helped the globalisation process? Explain. -SST 10th

Description : How has liberalisation of trade and investment policies helped the globalisation process? Explain. -SST 10th

Last Answer : Economic liberalisation means reducing government interference in economic activities and removing trade and business barriers. Liberalisation of trade and investment policies helped the globalisation process ... could easily set up factories and industries in a country after liberalisation.

Describe any three factors which have enabled globalisation in India. -SST 10th

Description : Describe any three factors which have enabled globalisation in India. -SST 10th

Last Answer : Globalisation means unification or integration of the domestic economy with the world economy through trade, capital and technological flows. Factors that supported globalisation in India are as follows : (a) ... Infosys (IT), Ranbaxy, Asian Paints etc. emerged as MNCs and start working globally.

‘‘In spite of numerous advantages, there are many problems that globalisation still faces’’. -SST 10th

Description : ‘‘In spite of numerous advantages, there are many problems that globalisation still faces’’. -SST 10th

Last Answer : The problems with globalisation are as follows : (a) It has sometimes negative impacts on employment and real wages. With the introduction of new technology, output is increasing but ... ) It is more beneficial to large-scale producers and consequently increasing concentration of economic power.

How have transportation technology and information and communication technology stimulated the globalisation process? -SST 10th

Description : How have transportation technology and information and communication technology stimulated the globalisation process? -SST 10th

Last Answer : Transportation technology : Rapid improvement in transportation technology has been one major factors that has stimulated the globalisation process. There are fast trains connecting every nook and corner of a ... a news magazine published for London readers is to be designed and printed in Delhi.

Explain visible imports of globalisation on the Indian Economy, with two examples. -SST 10th

Description : Explain visible imports of globalisation on the Indian Economy, with two examples. -SST 10th

Last Answer : (i) Greater Competition among producers : Greater competition among producers both local and foreign, has been of advantage to consumers, particularly the well-off section of the society. ... time of start of globalisation. Information and communication technology also grew on an average 20%.