10th Standard CBSE - Social Science - Globalisation and the Indian Economy

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Question - 1

Cargill Food's is the largest producer of which of the following in India?

  • A Medicine
  • B Asian Paints
  • C Edible oil
  • D Garment

Question - 2

WTO was started at the initiative of which one of the following group of company?

  • A Rich countries
  • B poor countries
  • C Developed countries
  • D Developing countries

Question - 3

Which one of the following organization lays stress on liberalisation of foreign trade and foreign investment?

  • A International Labour Organization
  • B International Monetary Fund
  • C World Health Organization
  • D World Trade Organization

Question - 4

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

  • A They do not have to pay taxes for 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.

Question - 5

Which one of the following Indian industries has been hit hard by globalization?

  • A IT
  • B Toy Making
  • C Jute
  • D Cement

Question - 6

Which one of the following type of countries has been more benefitted from globalisation?

  • A Rich countries
  • B Poor countries
  • C Developing countries
  • D Developed countries

Question - 7

Removing barriers or restrictions set by the government is called:

  • A Liberalization
  • B Investmnet
  • C Favorable trade
  • D Free trade

Question - 8

Investment made by the MNCs is termed as:

  • A Indigenous investment
  • B Foreign investment
  • C Entrepreneur's investment
  • D None of the above

Question - 9

What is the process of rapid integration or inter connection between countries called?

  • A Industrialization
  • B Globalization
  • C Liberalization
  • D Privatization

Question - 10

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

  • A Tax on exports
  • B tax on imports
  • C free trade
  • D restrictions on export