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Social Science · 2026 · 3 marks
CBSE 2026 · Region 3 · Set 2 · Q36
How did the changes made in the Indian economy in 1991 promote globalisation? Explain with examples.
How did the changes made in the Indian economy in $\displaystyle 1991$ promote globalisation ? Explain with examples.
Marking-scheme solution
(i) Trade barriers on foreign trade and foreign investment were removed to a large extent.
(ii) Goods could be imported and exported easily.
(iii) Foreign companies could start setting up factories and offices in India.
(iv) It improved the performance of producers within the country.
(v) International organisations supported the changes introduced in $\displaystyle 1991$ in the Indian economy.
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