MCQ’s on Globalisation and the Indian Economy for Class 10 Economics | Quiz 2

MCQ’s on Globalisation and the Indian Economy for Class 10 Economics | Quiz 2

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MCQ's on Globalisation and the Indian Economy for Class 10 Economics | Quiz 2

1 / 30

Which of the following is/are the result of Globalisation?

2 / 30

Choose the correctly matched pair.

3 / 30

Mexico and Eastern Europe have the advantage of:

4 / 30

Which one of the following is an example of a trade barrier?

5 / 30

Which statement is/are true regarding MNCs?
(a) Company that owns or controls production in more than one nation.
(b) Set up offices and factories for production in different countries where they can get cheap labour and other resources.
(c) Company that owns or controls production in more than one state within a country.
(d) Information and communication technology have not played a major role in spreading out the production of services across countries.

6 / 30

Fair globalisation refers to ensuring benefits to __________.

7 / 30

Globalisation by connecting countries leads to

8 / 30

Which among the following is the outcome of globlisation in India?

9 / 30

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

10 / 30

Where are most of the workers employed in India?

11 / 30

Integration of markets results in:

12 / 30

Which sector has not been benefited by the policy of globalisation in doveloping countries?

13 / 30

Which one of the following are the world's largest automobile manufacturer?

14 / 30

Which of the following has played a big role in spreading globalisation?

15 / 30

Globalisation has enabled which large Indian company to emerge as a multinational company?

16 / 30

What do you mean by Investment?

17 / 30

In India, the Foreign Investment belongs to __________.

18 / 30

Globalisation so far has been more in favour of ______________.

19 / 30

What is the most common route for investments by MNCs in countries around the world?

20 / 30

Globalisation has led to improvement in :

21 / 30

Which of the following is/are correct statements regarding liberalisation?
(a) Removing barriers or restrictions set by the government.
(b) By liberalisation, businesses are allowed to make decisions freely about what they wish to import or export.
(c) Protecting domestic industries.
(d) Closing domestic economy.

22 / 30

The multinational company wants to develop India as a base for manufacturing car components for its global operations because
(1) Low cost of labour and other resources in India.
(2) Closeness to a large number of buyers in India and China.

23 / 30

Which among the following contributes to globalisation?

24 / 30

What advantage do the local companies have by setting up joint production with MNCs?

25 / 30

Which of the following industries has a large number of well-off buyers in urban areas?

26 / 30

Which refers to Liberalisation?

27 / 30

What do you mean by Foreign Investment?

28 / 30

Telecommunication facilities have been facilitated by which of the following?

29 / 30

The MNCs not only sell their finished products globally but the goods ___________.

30 / 30

For which of the following Globalisation has created new opportunities?

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