Consider the following economic processes taking place in India Economy :(1) Import of western culture through the mass media and telecommunication system in India. (2) Establishment of factory limits of MNCs in India. (3) Acquisition of branded foreign companies by Indian business tycoons. Which of the economic processes given above is/are encompassed under globalization?

Consider the following economic processes taking place in India Econom

1.	Consider the following economic processes taking place in India Economy :(1) Import of western culture through the mass media and telecommunication system in India. (2) Establishment of factory limits of MNCs in India. (3) Acquisition of branded foreign companies by Indian business tycoons. Which of the economic processes given above is/are encompassed under globalization?
A.	1, 2 and 3
B.	1 and 3
C.	2 and 3
D.	only 2
Answer» B. 1 and 3

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