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CBSE Notes 2011-2012 » Globalisation and the Indian Economy - Class 10 Social Science MCQs (Free Practice Test)

Globalisation and the Indian Economy - Class 10 Social Science MCQs (Free Practice Test)


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Question :

The past two decades of globalisation has seen rapid movements in


Answer :

goods, services and people between countries.
goods, services and investments between countries.
goods, investments and people between countries.


Question :

Around which year, need for removing barriers on foreign trade and foreign investment in India was felt ?


Answer :

1990
1991
1992
2000


Question :

To achieve the goal of fair globalisation, major role can be played by (i) People (ii) Government
(iii) MNCs (iv) None of the above


Answer :

(i) and (iii)
(ii) and (iv)
(i)and(ii)
(iii)and(iv)


Question :

Globalisation has led to improvement in living conditions


Answer :

of all the people
of people in the developed countries
of workers in the developing countries
none of the above.


Question :

Tax on imports is an example of


Answer :

Terms of Trade
Collateral
Trade Barriers
Foreign Trade


Question :

Benefit to the local company of joint production with MNCs is (i) Money from MNCs for additional investments
(ii) Moral & Social support
(iii) Latest technology for production
(iv) All of them


Answer :

(i) and (ii)
(ii) and (iii)
(iii) and (iv)
(i) and (iii)


Question :

The most common route for investments by MNCs in countries around the world is to


Answer :

set up new factories.
buy existing local companies.
form partnerships with local companies.


Question :

Investment made by MNCs is called


Answer :

Mutual investment
Inter-government investment
Portfolio Investment
Foreign investment


Question :

Removing barriers or restrictions set by the government is known as


Answer :

Privatisation
Liberalisation
Globalisation
Socialisation


Question :

Rapid integration or interconnection between countries is known as


Answer :

Privatisation
Globalisation
Liberalisation
Socialisation