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Which sector has not benefited from the policy of globalisation?
5. Which sector has not benefited from the policy of globalisation?
- Agricultural Sector
- Manufacturing Sector
- Service Sector
- All of the above
Answer: A) Agricultural Sector
Explanation:
Under the provisions of GATT (General Agreement for Tariff and Trade), India has not been able to open its agricultural sector to export. India's exports were heavily restricted to traditional products such as spices, tea, coffee etc., which had a very low demand for expansion in the international market.