SSC Economics Sample Paper NCERT Sample Paper-2

  • question_answer
    Consider the following statements
    1. Allowing free capital inflows and FDIs.
    2. Facilitate the migration of human resources.
    3. Imposition of quantitative restriction on trades.
    Which of the statements given above is/are important ingredient of the globalization in true sense?

    A) 2 and 3

    B) 1 and 2

    C) 1 and 3

    D) 1, 2 and 3

    Correct Answer: B

    Solution :

    The International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge.

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