Economics · Economy
Consider the following statements in the context of globalization in India: (1) Globalization has overall promoted economic development and integration in India. (2) India's expanding middle-class consumers have become a major center of attraction for foreign investors. (3) India has significantly increased its self-reliance by halting the import of advanced technology from western nations. Select the correct answer using the codes given below:
- 1(1), (2) and (3)
- 2(1) and (2) only✓
- 3(2) and (3) only
- 4(1) and (3) only
Correct answer
(1) and (2) only
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