RBI Grade B Officer (General / DEPR / DSIM) 2022 · Question 173 of 276

Study the following and give answer based on the information given: Globalization consists of the social, political and economic changes that we all adapt to. The strong currency rates, constructions, trading are all consequences of globalization. There are both positive and negative impacts of this globalization on the economy and it leads to the interconnection between the countries of different cultures, caste and heritage. Globalization leads to the usage of new innovative ideas of new technology that people tend to start using. Given below are the impacts of Globalization, select the negative impact among them.

Logical Reasoning

1. AA. It introduces new technologies.
2. BB. It has brought an impact on political and cultural domain.
3. CC. Because of too much exchange of trade, money etc independent domestic policies are lost.Correct
4. DD. Globalization has introduced many different ideologies among people.
5. EE. It introduces better trade.