CBSE Class 10th Economics 4 – Globalisation and Indian Economy MCQs

MNC's have increased their investments in India over the last ____ years.

Correct! Wrong!

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MNC's have increased their investments in India over the last 15 years.

MNC's prefer ____.

Correct! Wrong!

MNC's prefer production spread out over several countries, which enables them to secure more profits.

Identify the company that has gained and become a multinational as a result of globalization.

Correct! Wrong!

As a result of globalization, Infosys, an IT company, has gained and become a multinational company.

In the information and communication sector, what has contributed the most towards globalisation?

Correct! Wrong!

In the information and communication sector, software technology has contributed the most towards globalisation.

To boost Indian industry, what measures did the government take in the post-independence days?

Correct! Wrong!

To boost Indian industry, the Government of India restricted the import of foreign goods in the post-independence days.

Which industry has not benefitted from globalization?

Correct! Wrong!

Dairy farming has not reaped as rich dividends as other industries from globalization.

Which group has benefited the least from the advent of MNC's?

Correct! Wrong!

The uneducated and unskilled have benefited the least from the advent of MNC's.

Who has benefitted the most by globalization?

Correct! Wrong!

The employees of MNC's have benefitted the most by globalization.

Which of these was a Europe-based company in India in the past?

Correct! Wrong!

The East India Company was a Europe-based company in India in the past.

MNC's select a country to set up factories because of ____.

Correct! Wrong!

MNC's select a country to set up factories because of large markets where they can sell their goods.

Which of these has grown tremendously in the wake of the growth of MNC's?

Correct! Wrong!

Business Process Outsourcing, or BPO, firms have gained tremendously due to the growth of MNC's.

Historically, the colonies of an imperial power served as ____.

Correct! Wrong!

Historically, the colonies of an imperial power served as suppliers of raw material, and markets for their finished products.

What is the main purpose of MNC's investing in foreign countries?

Correct! Wrong!

The main purpose of MNC's investing in foreign countries is to make more profits and to expand their business.

To support small producers, the government can use ____ barriers.

Correct! Wrong!

To support small producers, government can use trade and investment barriers.

Which of these organisations favoured the policy of liberalisation?

Correct! Wrong!

The WTO favoured the policy of liberalisation.

What is the most desirable step expected from the government to make globalisation more effective?

Correct! Wrong!

The government should revise the labour laws to make globalisation more effective.

The World Trade Organisation was formed in ____.

Correct! Wrong!

The World Trade Organisation was formed in 1995.

To make their investments more profitable, MNC's ____.

Correct! Wrong!

To make their investments more profitable, MNC's collaborate with local companies.

When did the Government of India adopt the policy of liberalization?

Correct! Wrong!

The Government of India adopted the policy of liberalization in 1991.

Which section of society has suffered the most due to globalization?

Correct! Wrong!

The labour class has suffered the most due to globalization because their wages are very low.

Foreign investment can be defined as ____.

Correct! Wrong!

Foreign investment can be defined as the investment by multi-national companies in India.

Which country is opposed to the entry of MNC's in its territory?

Correct! Wrong!

Argentina is opposed to the entry of MNC's in its territory.

Apart from the basic requirements, what else do MNC's look for when they set up their factories in a country?

Correct! Wrong!

Apart from the basic requirements, MNC's look for a country with favorable policies when they set up their factories.

Which group of producers benefit the most from globalisation?

Correct! Wrong!

MNC's benefit the most from globalization.

Who suffered the most because of globalization?

Correct! Wrong!

Small-scale producers and laborer suffered the most because of globalization.

What policy was adopted by the Government of India to boost Indian trade?

Correct! Wrong!

The policy of liberalisation was adopted by the Government of India to boost Indian trade.

What factors do MNC's look for before starting operations in any country?

Correct! Wrong!

MNC's look for availability of resources and basic infrastructure before starting operations in any country.

The benefits of globalisation can be shared only through ____.

Correct! Wrong!

The benefits of globalisation can be shared better through government policies.

What major step should be taken to strengthen the growth of domestic trade?

Correct! Wrong!

The government must put some positive restrictions on foreign companies to make domestic trade stronger.

A large part of ____ is controlled by MNC's.

Correct! Wrong!

A large part of foreign trade is controlled by MNC's.

CBSE Class 10th Economics 4 - Globalisation and Indian Economy MCQs
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CBSE Class 10th Economics 4 - Globalisation and Indian Economy MCQs