Social Science (087) — CBSE Class 10 board question

Impact of Globalisation in India:

1. Benefit to consumers: Greater competition among local and foreign producers has given consumers more choices, improved quality, and lower prices, raising living standards especially for the urban well-off.

1. New jobs and industries: MNCs have increased investments in sectors like cell phones, automobiles, electronics, and banking, creating new employment opportunities.

1. Growth of Indian companies: Several top Indian companies benefited by adopting new technology and production methods. Some like Tata Motors, Infosys, and Ranbaxy have emerged as MNCs themselves.

1. IT and service sector growth: Globalisation created new opportunities in IT-enabled services — call centres, data entry, accounting — which are exported to developed countries.

1. Negative impact: Many small producers and workers suffered due to increased competition. Labour laws were made flexible, reducing job security for workers.

Conclusion: The impact has been uneven — beneficial for the skilled, wealthy, and educated, but harmful for small producers and unskilled workers.

Source: Chapter 4 — Globalisation and the Indian Economy, "Impact of Globalisation in India"

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Examiners look for at least 4–5 distinct points covering both positive and negative impacts. Always mention: consumers, MNCs/investment, Indian companies becoming MNCs (with examples), IT/services, and the negative side (small producers/workers). The conclusion on uneven impact is important — it directly addresses the standard exam phrase "impact of globalisation has not been uniform." Avoid writing a one-sided answer.