Class 10th Economics Chapter – 4 Globalisation and the Indian Economy
| Text Book | NCERT |
| Class | 10th |
| Subject | Social Science (Economics) |
| Chapter | 4th |
| Chapter Name | Globalization and the Indian economy |
| Category | Class 10th Social Science Economic |
| Medium | English |
| Source | Last Doubt |
| Class 10th Economics Chapter – 4 Globalisation and the Indian Economy MCQ With Answer Learn topics such as production across countries, multinational companies, interlinking production across countries, foreign trade, integration of markets, globalisation, factors that have enabled globalisation, liberalisation of foreign trade and foreign investment policy, trade barriers, World Trade Organisation, impact of globalisation in India, and the struggle for a fair globalisation. |
Class 10th Economics Chapter – 4 Globalisation and the Indian Economy
Chapter – 4
Globalisation and the Indian economy
MCQ
| (1) 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 Answer – (D) American |
| (2) The MNC is not only selling its finished products globally but, more importantly, the goods and services are produced globally. State whether true or false. A. False B.True Answer – (B) True |
| (3) The products are supplied to the MNCs, which then sell these under their own brand names to the customers. These large MNCs have tremendous power to determine the _______. A. Price B. Quality C. Labour conditions for these distant producers D. All of the above Answer – (D) All of the above |
| (4) _________, 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 Answer – (A) Ford Motors |
| (5) _______ provides the advantage of being a cheap manufacturing location. A. China B. Japan C. South Korea D. None of the above Answer – (A) China |
| (6) 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 Answer – (A) 1995 |
| (7) 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 Answer – (D) 70 to 80 percent |
| (8) When Ford established its manufacturing plant in India, it had collaborated with _______. A. Hero Motors B. Maruti Suzuki C. Tata Motors D. Mahindra & Mahindra Answer – (D) Mahindra & Mahindra |
| (9) 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 Answer – (A) Brazil |
| (10) _______, footwear, sports items are examples of industries where production is carried out by a large number of small producers around the world. A. Confectionery B. Garments C. Petroleum products D. None of the above Answer – (B) Garments |
| (11) Which of the following is true regarding the opening of trade? A. Choice of goods in the markets rises. B. Producers in the two countries now closely compete against each other even though they are separated by thousands of miles. C. Foreign trade thus results in connecting the markets or integration of markets in different countries. D. All of the above. Answer – (D) All of the above. |
| (12) Globalisation is a process of slow integration or interconnection between countries. State whether true or false. A. False B. True Answer – (A) False |
| (13) 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. Answer – (D) All of the above. |
| (14)_________ 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 Answer – (A) Containers |
| (15) Nearly ________ countries of the world are members of the WTO, as of June 2014 A. 50 B. 100 C. 160 D. 200 Answer – (C) 160 |
| (16) Governments can use trade barriers to increase or decrease (regulate) foreign trade and to decide what kinds of goods and how much of each, should come into the country. State whether true or false. A. True B. False Answer – (A) True |
| (17) 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 Answer – (C) 1991 |
| (18) Removing barriers or restrictions set by the government is known as ________. A. Globalisation B. Disinvestment C. Privatisation D. Liberalisation Answer – (D) Liberalisation |
| (19) 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 Answer – (D) Developed countries |
| (20) The cost of ________ has fallen. This has enabled much greater volume of goods being transported by. A. Air transport, airlines B. Road transport, four wheelers C. Rail transport, railways D. None of the above Answer – (A) Air transport, airlines |
| NCERT Solution Class 10th Economics All Chapters MCQ |
| Chapter – 1 Development |
| Chapter – 2 Sectors of Indian Economy |
| Chapter – 3 Money and Credit |
| Chapter – 4 Globalisation and the Indian Economy |
| Chapter – 5 Consumer Rights |
| NCERT Solution Class 10th Economics All Chapters Notes |
| Chapter – 1 Development |
| Chapter – 2 Sectors of Indian Economy |
| Chapter – 3 Money and Credit |
| Chapter – 4 Globalization and the Indian Economy |
| Chapter – 5 Consumer Rights |
| NCERT Solution Class 10th Economics All Chapters Question Answer |
| Chapter – 1 Development |
| Chapter – 2 Sectors of Indian Economy |
| Chapter – 3 Money and Credit |
| Chapter – 4 Globalization and the Indian Economy |
| Chapter – 5 Consumer Rights |
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