Correct option is C
The correct answer is (C) Unequal income distribution
Explanation:
• Globalization benefits skilled workers and large companies more, leaving unskilled groups behind.
• This widens the rich–poor gap.
• Developing countries often face job insecurity in small-scale sectors.
Information Booster:
• India opened its economy in 1991 (LPG reforms).
• Globalization is associated with FDI, trade liberalization, outsourcing.