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Globalisation and the Indian Economy
5 MCQ Tests × 10 Questions | Theory Type Only
Test 1 – Globalisation and the Indian Economy
1. Cargill Foods, a very large MNC, is the largest producer of edible oil in India. Which one of these countries does it belong to?
2. In which one of the following ways has ‘information and communication technology’ stimulated the ‘globalisation’ process the most?
3. Which one of the following cities has emerged as the electronic capital' of India?
4. Which of the following is not a feature of a Multi-National Company?
5. Which one of the following has been the major source of foreign exchange for IT industry?
6. Globalisation does NOT involve which one of the following?
7. 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
8. Which one of the following organisations lays stress on liberalisation of foreign trade and foreign investment?
9. Which one of the following is a major benefit to a local company which goes for joint production with an MNC?1Mark
10. Which one of the following is not a characteristic of 'Special Economic Zone'?
Test 2 – Globalisation and the Indian Economy
1. Which one of the following is a major benefit to an MNC when it works on joint production with a local company?
2. Which of the following is a ‘barrier’ on foreign trade?
3. Cargill Foods'is the largest producer of which of the following in India?
4. Which one of the following organizations prepares the ‘World Development Report’?
5. Which one of the following aspects was the base of the Bretton Woods system?
6. ………… have been a major force in the globalisation process connecting distant regions of the world?
7. Which of the following is the reason for improvement or change in technology?
8. Ford Motors came to India in _______ and spent Rs. 1700 crore to set up a large plant near Chennai.
9. Name the organisation whose aim is to liberalise international trade.
10. Ford Motors was selling 27,000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and.
Test 3 – Globalisation and the Indian Economy
1. Which MNCs have invested in setting up factories in India for production?
2. What are the investments made by MNCs called?
3. In India Ford Motor’s has collaborated with:
4. Benefits enjoyed by companies who set up production units in the SEZs are:
5. Suppose the Indian government puts a tax on the import of toys from China, what would happen?
6. World Trade Organisation (WTO) is an organisation whose aim is to liberalise _________. 1Mark
7. The number of WTO member countries was ______ in 2014.
8. Foreign investments by MNCs in many countries have:
9. Restrictions on foreign investment and foreign technology have been withdrawn under _____.
10. The first international earth summit was held in the year __________.
Test 4 – Globalisation and the Indian Economy
1. When were the Economic Liberalisation reforms initiated in India?
2. Before independence, India's foreign trade was confined to _____.
3. Under the policy of liberalisation, industrial licensing has been abolished except ___________.
4. In order to protect local consumers, the government imposes restrictions on _________.
5. Rapid integration or inter-connection between countries is called __________.
6. Information and communication technology has played a major role in spreading out:
7. Investment made by MNCs is called:
8. .............. have/ has not helped to give a greater choice of goods in the market for consumers:
9. The WTO extends "the most favoured nation" treatment to all its members on _____.
10. Which of the following was the main channel connecting distant countries was:
Test 5 – Globalisation and the Indian Economy
1. Taxes on imports is an example of:
2. Which of the following events led to a change in the world economy?
3. Foreign Trade creates an opportunity for the producers to:
4. ___________ provides the advantage of being a cheap manufacturing location.
5. What is the impact of LPG policy of the government?
6. One of the major factor that has influenced the globalisation process is ____ .
7. How many District consumer courts/councils are there in India?
8. Cargill Foods, a very large ________ MNC, is the largest producer of edible oil in India, with a capacity to make 5 million pouches daily.
9. What is the major benefit to the local company of a joint production with MNC?
10. Which one of the following types of countries has benefitted most from globalisation?
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