Q1. [2] § WORLD TRADE ORGANISATION § IMPACT OF GLOBALISATION IN INDIA § SUMMING UP
⚠ Globalisation and the Indian Economy › IMPACT OF GLOBALISATION IN INDIA — Internal project only — not in the Board exam (per CBSE 2026-27 curriculum)
Only 'What is Globalisation?' and 'Factors that have enabled Globalisation' are in the Board exam; the remaining sub-topics are the internally-assessed interdisciplinary project. [source: Course Structure — Economics, Chapter 4 (Subtopics evaluated in Board)]⚠ Globalisation and the Indian Economy › WORLD TRADE ORGANISATION — Internal project only — not in the Board exam (per CBSE 2026-27 curriculum)
Only 'What is Globalisation?' and 'Factors that have enabled Globalisation' are in the Board exam; the remaining sub-topics are the internally-assessed interdisciplinary project. [source: Course Structure — Economics, Chapter 4 (Subtopics evaluated in Board)]How did liberalization promote the process of globalization in India ? Explain.
Previously asked in CBSE board exam
2025 32/5/1 Q24
Generated by claude-sonnet-4-6 · 2026-06-15 06:59 · grounding rag
Model Answer
Liberalisation means removal of trade and investment barriers by the government. It promoted globalisation in India by:
- Allowing foreign companies (MNCs) to invest freely in India.
- Enabling easier movement of goods and services across countries.
- Facilitating integration of Indian markets with global markets, increasing competition and choice.
Source: Summing Up, Chapter 4
Explanation
The examiner expects two clear points: (1) what liberalisation means (removal of barriers), and (2) how it directly enabled globalisation (free flow of trade/investment, integration of markets). Avoid writing a long essay — 2 marks means 2 crisp points. The textbook phrase "liberalisation of trade and investment has facilitated globalisation by removing barriers" is key.
If a question refers to an image, map, graph or diagram that is not shown here, find the actual CBSE question paper on the CBSE website:
cbse.gov.in.