Business Studies · Globalization
Given below are two statements, one labeled as Assertion (A) and the other labeled as Reason (R): Assertion (A): Globalization leads to increased competition among domestic and international firms. Reason (R): Globalization enables the free flow of goods, services, capital, and technology across national boundaries. Choose the correct option:
- 1A is false, but R is true.
- 2A is true, but R is false.
- 3Both A and R are true, but R is not the correct explanation of A.
- 4Both A and R are true, and R is the correct explanation of A.✓
Correct answer
Both A and R are true, and R is the correct explanation of A.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Business Studies?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Globalization?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Business Studies · Globalization