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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 :

Globalisation, by connecting countries, shall result in


Answer :

lesser competition among producers.
greater competition among producers
no change in competition among producers.


Question :

Investment made by MNCs is called


Answer :

Mutual investment
Inter-government investment
Portfolio Investment
Foreign investment


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 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 :

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 :

Tax on imports is an example of


Answer :

Terms of Trade
Collateral
Trade Barriers
Foreign Trade


Question :

It refers to globalisation which creates opportunities for all and ensures that its benefits are better shared.


Answer :

Privatisation
Special Economic Zones (SEZ)
WTO
Fair globalisation


Question :

Companies who set up production units in the Special Economic Zones (SEZs) do not have to pay taxes for an initial period of


Answer :

2 years
5 years
4 years
10 years


Question :

Cargill Foods, a very large American MNC, has bought over smaller Indian companies such as


Answer :

Parakh Foods
Amul
Britannia
None of the above


Question :

To get large orders, Indian exporters try hard to cut their own costs by


Answer :

Reducing cost of raw materials
Reducing advertising and marketing cost
Reducing electricity cost
Cutting labour cost