10TH CBS SST ECO - Globalisation and the Indian 100 MCQS QUIZ

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Globalisation and the Indian Economy

10 MCQ Tests × 10 Questions

100 questions based on the uploaded PDF.

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Test 1

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 1

Q1. Cargill Foods, a very large MNC, is the largest producer of edible oil in India. Which one of these countries does it belong to?

A. IndiaB. FranceC. Great BritainD. United States of America

PDF Question 2

Q2. In which one of the following ways has ‘information and communication technology’ stimulated the ‘globalisation’ process the most?

A. Access foods across countriesB. Access raw material across countriesC. Access services across countriesD. Access information instantly across countries

PDF Question 3

Q3. Which one of the following cities has emerged as the electronic capital' of India?

A. Delhi.B. Kolkata.C. Bangalore.D. Hyderabad.

PDF Question 4

Q4. Which of the following is not a feature of a Multi-National Company?

A. It owns/ controls production in more than one nation.B. It sets up factories where it is close to the markets.C. It organises production in complex ways.D. It employs labour only from its own country.

PDF Question 5

Q5. Which one of the following has been the major source of foreign exchange for IT industry?

A. BHEL.B. SAlL.C. BPO.D. OIL.

PDF Question 6

Q6. Globalisation does NOT involve which one of the following?

A. Rapid integration between countries.B. More goods and services moving between countries.C. Increased taxes on imports.D. Movement of people between countries for jobs, education etc.

PDF Question 7

Q7. Choose the correct option to fill in the blank. For comparing countries, their_______is considered to be one of the most important attributes by the World Bank

A. EducationB. IncomeC. Health StatusD. Living Standard

PDF Question 8

Q8. Which one of the following organisations lays stress on liberalisation of foreign trade and foreign investment?

A. International Monetary Fund.B. International Labour Organisation.C. World Health Organisation.D. World Trade Organisation.

PDF Question 9

Q9. Which one of the following is a major benefit to a local company which goes for joint production with an MNC?1Mark

A. MNC provides Money and Technology to local company.B. MNC takes all decisions to reduce burden of local company.C. MNC purchases all shares of local company for faster production.D. MNC might ask for labour and capital investment from local company.

PDF Question 10

Q10. Which one of the following is not a characteristic of 'Special Economic Zone'?

A. They do not have to pay taxes for a long period.B. Government has allowed flexibility in labour laws.C. They have world class facilities.D. They do not have to pay taxes for an initial period of five years.

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Test 2

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 11

Q1. Which one of the following is a major benefit to an MNC when it works on joint production with a local company?

A. MNC shares its latest technology with the local company.B. MNC decides all parameters and prices of the product.C. MNOC shares its institutional policy with local company.D. MNC built good and familial relations with the local company.

PDF Question 12

Q2. Which of the following is a ‘barrier’ on foreign trade?

A. Tex on import.B. Quality control.C. Sales tax.D. Tax on local trade.

PDF Question 13

Q3. Cargill Foods'is the largest producer of which of the following in India?

A. Medicines.B. Asian Paints.C. Edible oil.D. Garments.

PDF Question 14

Q4. Which one of the following organizations prepares the ‘World Development Report’?

A. World BankB. International Monetary FundC. World Health OrganisationD. International Labour Organisation

PDF Question 15

Q5. Which one of the following aspects was the base of the Bretton Woods system?

A. Military systemB. Cultural systemC. Economic systemD. Historical system

PDF Question 16

Q6. ………… have been a major force in the globalisation process connecting distant regions of the world?

A. Traders.B. International companies.C. Multinational corporations.D. Businesses houses.

PDF Question 17

Q7. Which of the following is the reason for improvement or change in technology?

A. NationalisationB. PrivatisationC. GlobalisationD. None

PDF Question 18

Q8. Ford Motors came to India in _______ and spent Rs. 1700 crore to set up a large plant near Chennai.

A. 1995.B. 1999.C. 1990.D. 1998.

PDF Question 19

Q9. Name the organisation whose aim is to liberalise international trade.

A. ILO (International Labour Organisation).B. WHO (World Health Organisation).C. WTO (World Trade Organisation).D. NSSO (National Sample Survey Organisation).

PDF Question 20

Q10. Ford Motors was selling 27,000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and.

A. Brazil.B. Argentina.C. Chile.D. None of the above.

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Test 3

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 21

Q1. Which MNCs have invested in setting up factories in India for production?

A. AutomobilesB. Soft DrinksC. GarmentsD. Minerals

PDF Question 22

Q2. What are the investments made by MNCs called?

A. Foreign investments.B. International investments.C. Multinational investments.D. None of these.

PDF Question 23

Q3. In India Ford Motor’s has collaborated with:

A. Tata Motors.B. Maruti.C. General Motors.D. Mahindra and Mahindra.

PDF Question 24

Q4. Benefits enjoyed by companies who set up production units in the SEZs are:

A. They do not have to pay taxes for some years.B. Reduction in excise duty.C. Reduced tariffs and barriers.D. None of the above.

PDF Question 25

Q5. Suppose the Indian government puts a tax on the import of toys from China, what would happen?

A. Toys will get cheaper, more purchase by a consumer.B. No effect.C. Toys will get expensive, less purchase by a consumer.D. Toys wll get expensive, more purchase by a consumer.

PDF Question 26

Q6. World Trade Organisation (WTO) is an organisation whose aim is to liberalise _________. 1Mark

A. Internal tradeB. International tradeC. External tradeD. National trade

PDF Question 27

Q7. The number of WTO member countries was ______ in 2014.

A. 129B. 139C. 160D. 170

PDF Question 28

Q8. Foreign investments by MNCs in many countries have:

A. Been rising.B. Been decreasing.C. Remained the same.D. None of the above.

PDF Question 30

Q9. Restrictions on foreign investment and foreign technology have been withdrawn under _____.

A. LiberalizationB. PrivatizationC. GlobalizationD. None of these

PDF Question 31

Q10. The first international earth summit was held in the year __________.

A. 1991B. 1992C. 1993D. 1995

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Test 4

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 32

Q1. When were the Economic Liberalisation reforms initiated in India?

A. 1990B. 1992C. 1991D. 1989

PDF Question 34

Q2. Before independence, India's foreign trade was confined to _____.

A. BritainB. Commonwealth countriesC. OPECD. None of these

PDF Question 35

Q3. Under the policy of liberalisation, industrial licensing has been abolished except ___________.

A. TextilesB. Transport equipmentC. Defence equipmentD. Electrical

PDF Question 36

Q4. In order to protect local consumers, the government imposes restrictions on _________.

A. ImportsB. ExportsC. Both of theseD. None of these

PDF Question 37

Q5. Rapid integration or inter-connection between countries is called __________.

A. UrbanizationB. LiberlizationC. GlobalizationD. Migration

PDF Question 38

Q6. Information and communication technology has played a major role in spreading out:

A. Production of goods across countries.B. Production of raw materials across countries.C. Production of services across countries.D. None of the above.

PDF Question 39

Q7. Investment made by MNCs is called:

A. International investment.B. National investment.C. Foreign investment.D. None of the above.

PDF Question 40

Q8. .............. have/ has not helped to give a greater choice of goods in the market for consumers:

A. Multi-national companies.B. Increased foreign trade.C. The World Trade Organisation.D. Increased foreign investment.

PDF Question 41

Q9. The WTO extends "the most favoured nation" treatment to all its members on _____.

A. Equality basisB. Priority basisC. Productivity basisD. None of these

PDF Question 42

Q10. Which of the following was the main channel connecting distant countries was:

A. Money.B. Credit.C. Trade.D. None of the above.

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Test 5

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 43

Q1. Taxes on imports is an example of:

A. Terms of trade.B. Collateral.C. Trade barriers.D. Foreign trade.

PDF Question 44

Q2. Which of the following events led to a change in the world economy?

A. The collapse of the Soviet Union.B. The failure of communism in Eastern Europe.C. The establishment of MNCs in Asian countries.D. All of these

PDF Question 45

Q3. Foreign Trade creates an opportunity for the producers to:

A. Reach beyond their expectations.B. Go beyond the domestic markets.C. Go beyond the foreign markets.D. None of the above.

PDF Question 46

Q4. ___________ provides the advantage of being a cheap manufacturing location.

A. China.B. Japan.C. South Korea.D. None of the above.

PDF Question 47

Q5. What is the impact of LPG policy of the government?

A. Stiff competition among producers.B. Increase in inequalities.C. Greater choice to consumers.D. All the above.

PDF Question 48

Q6. One of the major factor that has influenced the globalisation process is ____ .

A. Supply of raw materialB. Improvement in technologyC. Increase in number of educated and skilled workers.D. All of the above

PDF Question 50

Q7. How many District consumer courts/councils are there in India?

A. 800B. 610C. 400D. 425

PDF Question 51

Q8. Cargill Foods, a very large ________ MNC, is the largest producer of edible oil in India, with a capacity to make 5 million pouches daily.

A. Dutch.B. French.C. British.D. American.

PDF Question 52

Q9. What is the major benefit to the local company of a joint production with MNC?

A. Domestic labours get high wages.B. Production reduces.C. MNC's can provide money for additional investments.D. Domestic companies started following labour laws.

PDF Question 53

Q10. Which one of the following types of countries has benefitted most from globalisation?

A. Rich countries.B. Developed countries.C. Developing countries.D. All of the above.

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Test 6

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 54

Q1. Started at the initiative of the ________, WTO establishes rules regarding international trade, and sees that these rules are obeyed.

A. Middle-income countries.B. Poor countries.C. Developing countries.D. Developed countries.

PDF Question 55

Q2. The first consumer movement started in England after the _____.

A. First world warB. Second world warC. Cold warD. None of these

PDF Question 56

Q3. Globalisation leads to rapid movements of the following between countries:

A. Goods and services.B. Investments.C. People.D. All the above.

PDF Question 57

Q4. Companies who set up production units in the Special Economic Zones (SEZs) do not have to pay taxes for an initial period of:

A. 2 yearsB. 5 yearsC. 4 yearsD. 10 years

PDF Question 58

Q5. Give examples of industries in India where the small manufacturers have been hit hard due to competition?

A. ToysB. TyresC. WeavingD. Both (a) & (b)

PDF Question 59

Q6. Which of the following is not an outcome of globalisation ?

A. Increased employment opprtunities.B. Some Indian companies have become multinational corporations.C. Uncertainty in employment opportunities in some sectors.D. Increased standard of living of the rural poor.

PDF Question 60

Q7. Chinese toys have become popular in India because ___________.

A. They are imported items.B. They are easily available in the indian market.C. They are innovative and cheap.D. None of these

PDF Question 61

Q8. The past decades of globalization has seen rapid movements in _______.

A. Goods, services and peopleB. Goods, technology, investments and services.C. Goods and peopleD. Technology and goods

PDF Question 62

Q9. A company that owns or controls production in more than one nation is called:

A. Foreign company.B. Multinational Company.C. International company.D. Local company.

PDF Question 63

Q10. Started at the initiative of ____________countries, WTO established rules regarding international trade.

A. Least developedB. DevelopingC. DevelopedD. Poor

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Test 7

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 64

Q1. Ford Motors came to India in 1995, by 2017, Ford Motors was selling …………….. cars in the Indian markets?

A. 88000.B. 85000.C. 87000.D. 84000.

PDF Question 65

Q2. When economic activities in a country are influenced by economic activities in other countries, it is called:

A. Foreign trade.B. Competition.C. Globalisation.D. All the above.

PDF Question 66

Q3. MNCs set up offices and factories for production in regions where they can get:

A. Are sold throughout the world.B. Are sold in the same country.C. And services are produced globally.D. None of the above.

PDF Question 67

Q4. Removing barriers or restrictions set by the government is what is known as _________?

A. GlobalizationB. LiberalisationC. RegenerationD. Expansion

PDF Question 70

Q5. FDI (Foreign Direct Investment) attracted by globalisation in India belongs to the.

A. World Bank.B. Multinationals.C. Foreign government.D. None of the above.

PDF Question 71

Q6. The most important factor that has stimulated globalisation is:

A. Population explosion.B. Spread of education.C. Urbanization.D. Rapid improvement in technology.

PDF Question 72

Q7. _________ have led to huge reduction in port handling costs and increased the speed with which exports can reach markets.

A. Containers.B. Cranes.C. Elevators.D. None of the above.

PDF Question 73

Q8. __________, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world.

A. Ford Motors.B. Porsche.C. Audi.D. None of the above.

PDF Question 74

Q9. WTO rules have forced the developing countries to remove:

A. ExportB. ImportC. TradeD. Trade barriers

PDF Question 75

Q10. The money that is spent to buy assets such as land, building, machines and other equipment by MNCs is called………?

A. Investment.B. Foreign Investment.C. Domestic investment.D. International investment.

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Test 8

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 76

Q1. What is Globalisation? 1Mark

A. Process of rapid integration between countries.B. Process of rapid integration of various states of a country.C. Rapid integration of people of various countries only.D. Integration of technologies of different countries only.

PDF Question 77

Q2. Integrating domestic economy with world economy is called ________.

A. PrivatisationB. GlobalisationC. NationalisationD. All the above

PDF Question 78

Q3. Which of the following statements are true about MNCs? A

A. MNC is a company that owns or controls production in more than one nation.B. MNCs set up offices and factories for production in regions where they can get cheap labour and other resources.C. This is done so that the cost of production is low and the MNCs can earn greater profits.D. All of the above.

PDF Question 79

Q4. Globalization integrates different countries through _____.

A. Foreign tradeB. Foreign investmentC. Multinational companiesD. All of these

PDF Question 81

Q5. Which Indian companies have invested abroad?

A. Coca Cola.B. Ranbaxy.C. Nike.D. Pepsi.

PDF Question 82

Q6. Removing restrictions on foreign trade and foreign investment is known as ........... .

A. Taxation.B. Relaxation.C. Liberalisation.D. Globalisation.

PDF Question 83

Q7. Chinese toys have become more popular in the Indian markets. Within a year, ___________ of the toy shops have replaced Indian toys with Chinese toys.

A. 50 to 60 Percent.B. 80 to 90 Percent.C. 100 Percent.D. 70 to 80 Percent.

PDF Question 84

Q8. Investments made by the multinational corporations are called _____.

A. MNC InvestmentsB. Collective investmentsC. Foreign investmentsD. Global investments

PDF Question 85

Q9. Rapid integration between countries is known as _____ .

A. International tradeB. GlobalisationC. LiberalisationD. Privatisation

PDF Question 86

Q10. 'SAPTA' is related to _________.

A. EducationB. TradeC. SecurityD. Environment

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Test 9

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 87

Q1. Globalisation by connecting countries, shall result in ________.

A. Lesser competition among producers.B. Greater competition among producers.C. No change in competition among producers.D. None of the above.

PDF Question 88

Q2. Activities of most MNCs involve:

A. Goods and raw materials.B. Substantial goods and trade.C. Substantial trade in goods and services.D. None of the above.

PDF Question 90

Q3. What are the key ideas behind understanding the process of globalisation and its impact?

A. Integration of production.B. Integration of gross profits.C. Integration of markets.D. (A) & (C).

PDF Question 91

Q4. What advantage do the local companies have by setting up joint production with MNCs?

A. More profit.B. More resources.C. Latest technology for better production.D. Foreign exchange.

PDF Question 92

Q5. Ranbaxy is a multinational company which is associated with:

A. To make India a developed country.B. Nuts and bolts.C. Medicines.D. Information technology.

PDF Question 93

Q6. Which sector has not benefited by the policy of globalisation?

A. Agricultural sector.B. Manufacturing sector.C. Service sector.D. All the above.

PDF Question 94

Q7. We had foreign trade links before independence only with ______.

A. The USAB. The UKC. FranceD. Japan

PDF Question 95

Q8. What is the term investment' mean?

A. Money spent on buying clothes.B. Money spent on buying land, building, machines, etc.C. Money spent on buying a car.D. Money spent on buying furniture.

PDF Question 96

Q9. Which of the following is an American multinational retailer corporation that runs chains of large discount department stores and warehouse stores?

A. WalMartB. AlstomC. IKEAD. More

PDF Question 97

Q10. Within a year, ……….. of the toy shops had replaced Indian toys with Chinese toys?

A. 40 to 50%.B. 50 to 60%.C. 70 to 80%.D. 80 to 90%.

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Test 10

10 Questions • 10 Marks

Globalisation & Indian Economy

PDF Question 98

Q1. In India, the first plant set up by Ford Motors was in ____________.

A. KashmirB. PunjabC. BangaloreD. Chennai

PDF Question 99

Q2. Which of the following is the most appropriate cause of export surplus?

A. Country's exports promotion value.B. Country's stringent import policy.C. Development in national and international markets.D. None of the above.

PDF Question 100

Q3. One of the major results of globalisation in India has been in the growth of.

A. Outsourcing by MNCs.B. Transportation services.C. Telecommunication services.D. None of the above.

PDF Question 101

Q4. The number of countries that are currently members of the WTO are:

A. 119B. 129C. 139D. 149

PDF Question 102

Q5. Which country has the largest share of FDI in India during the last decade?

A. MauritiusB. USAC. JapanD. UK

PDF Question 103

Q6. Which one of the following is not true regarding impact of globalisation of India?

A. It has created jobs in the service sector.B. People with education, skill and wealth have not been benefited.C. Benefits of globalisation are not shared equally.D. Labour laws are not implemented properly and workers are denied their rights.

PDF Question 104

Q7. When Ford established its manufacturing plant in India, it had collaborated with.

A. Hero Motors.B. Maruti Suzuki.C. Tata Motors.D. Mahindra & Mahindra.

PDF Question 105

Q8. Mexico and Eastern Europe have the advantage of: 1Mark

A. Raw materials.B. Good location.C. Closeness to the markets in US and Russia.D. Closeness to the markets in the US and Europe.

PDF Question 106

Q9. Starting around ________, some far-reaching changes in policy were made in India. The government decided that the time had come for Indian producers to compete with producers around the globe.

A. 2011.B. 2001.C. 1991.D. 1981.

PDF Question 107

Q10. What was the earlier name of the WTO

A. UNOB. UNDPC. GATTD. UNESCO

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Source: 21. ECO - Globalisation and the Indian MCQ QA.pdf