Globalisation and the Indian Economy Class 10 Quiz Question with Answer
Globalisation and the Indian Economy Class 10 Quiz Question with Answer. CBSE Class 10 Economics Lesson 4 Mock Test.
Question 1:
— was the main channel connecting distant countries.
(a) Agriculture
(b) Trade
(c) Both a & b
(d) None of these
Ans:
(b) Trade.
Question 2:
Where the MNCs set up production?
(a) Where Government put barriers to trade
(b) Close to market
(c) Where skilled & unskilled labour available at low cost
(d) Both b & c
Ans:
(d) Both b & c
Question 3:
Which of the following condition is/are suitable to set up production of MNCs?
(a) Where skilled & unskilled labour available
(b) Where it is close to the market
(c) Where government had option put barriers to trade
(d) All of these
Ans:
(d) All of these.
Question 4:
The money that spend to set up production of MNCs is called as –
(a) Profit
(b) Loss
(c) Investment
(d) None of these
Ans:
(c) Investment.
Question 5:
Investment made by MNCs with the hope that these assets will —
(a) Earn profit
(b) Loss
(c) Investment
(d) None of these
Ans:
(a) Earn profit.
Question 6:
Which of the following Indian company was bought by American MNCs (Cargill food)?
(a) Vadilal foods
(b) parakh foods
(c) Haldiram food
(d) Amul
Ans:
(b) Parakh foods.
Question 7:
Which of the following is the process of rapid integration or interconnection between countries?
(a) Trade
(b) Globalisation
(c) Investment
(d) None of these
Ans:
(b) Globalisation.
Question 8:
Identify true statement –
(a) In the Globalisation MNCs play major role
(b) Any investment is made with the hope that these assets will earn profits
(c) Cargill food is an American MNCs
(d) All of these
Ans:
(d) All of these.
Question 9:
Ford motors is on/a company.
(a) Indian
(b) China
(c) American
(d) Japanese
Ans:
(c) American.
Question 10:
Which of the following factor enabled Globalisation?
(a) Technology
(b) Liberation of foreign trade
(c) Only b
(d) Both a & b
Ans:
(d) Both a & b.
Question 11:
What is mean by liberalisation?
(a) Removing barriers set up by the government
(b) Trade barrier set up by the government
(c) None of these
(d)
Ans:
(a) Removing barriers set up by the government
Question 12:
WTO stand for: —- world tour.
(a) World trade organisation
(b) World treatment organisation
(c) World Trust Organisation
(d) None of these
Ans: (a) World trade organisation
Question 13:
Which of the following is aim of WTO?
(a) To liberalise international trade
(b) To stop liberalise
(c) There is no aim
(d) None of these
Ans:
(a) To liberalise international trade.
Sectors of the Indian economy Quiz Questions