Which of the following is correct regarding globalization I It involves creation of networks and act...........

General Studies (CPO) Geography

Which of the following is correct regarding globalization?

I. It involves creation of networks and activities transcending economic, social and geographical boundaries.

II. Outsourcing is one of the important outcomes of the globalisation process.

This questions was previously asked in

SSC CPO 10th Nov 2022 Shift 2

Both I and II

Only I

Only II

Neither I nor II

- Statement I:

- Globalization indeed involves the creation of networks and connections that transcend economic, social, and geographical boundaries.

- It facilitates the movement of goods, services, information, and people across borders.

- Statement II:

- Outsourcing is a significant outcome of globalization.

- It allows businesses to perform tasks and services in regions where they can be executed more efficiently and cost-effectively.

- Option 1: Both I and II

- This option is correct because both statements accurately describe aspects of globalization.

- Option 2: Only I

- This is incorrect because statement II is also true.

- Option 3: Only II

- This is incorrect because statement I is also true.

- Option 4: Neither I nor II

- This is incorrect as both statements are true.

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