Globalisation - Impact on India
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Indian Economy and Indian Financial System — JAIIB.
One-liners from this chapter
Free sample — 8 of 80 rapid-fire Q&A cards.
Phase 1 — Period / Feature?
Period: 1870-1914; Feature: "First wave" — Gold Standard, colonial trade, mass migration
Phase 2 — Period / Feature?
Period: 1944-1980; Feature: Bretton Woods — IMF, World Bank, GATT (1947)
Phase 3 — Period / Feature?
Period: 1980-2008; Feature: Hyper-globalisation — WTO (1995), China-WTO (2001), tech revolution
Phase 4 — Period / Feature?
Period: 2008-present; Feature: "Slowbalisation" — GFC, US-China trade war, COVID, deglobalisation/friend-shoring
Defence — FDI Cap / Route?
FDI Cap: 74 % automatic; 100 % govt (case-by-case); Route: Mixed
Insurance (companies) — FDI Cap / Route?
FDI Cap: 100 % (raised from 74 % in Budget 2025-26); Route: Automatic up to limit
Insurance intermediaries — FDI Cap / Route?
FDI Cap: 100 %; Route: Automatic
Telecom — FDI Cap / Route?
FDI Cap: 100 %; Route: Automatic
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