CBSE Class 10 Social Science Chapter 4 Globalisation and the Indian Economy Multiple Choice Questions with Answers. MCQ Class 10 Economics Globalisation and the Indian Economy with Answers was Prepared Based on Latest Exam Pattern. Students can solve NCERT Class 10 Economics Globalisation and the Indian Economy MCQs with Answers to know their preparation level.
Students who are searching for NCERT MCQ Questions for Class 10 Economics Globalisation and the Indian Economy with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 10 Social Science with Answers. You can also verify your answers from our provided MCQ Class 10 Economics Globalisation and the Indian Economy with Answers. So, ace up your preparation with MCQ of Chapter 4 Economics Objective Questions.
MCQ Class 10 Economics Globalisation and the Indian Economy with Answers - Set - 4
Question 1:
An MNC is a company that owns or controls production in
(a) one country
(b) more than one country
(c) only developing countries
(d) only developed countries
Correct Answer – (B)
Question 2 :
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 years
(b) 5 years
(c) 4 years
(d) 10 years
Correct Answer – (B)
Question 3 :
Tax on imports is an example of:
(a) Terms of Trade
(b) Collateral
(c) Trade Barriers
(d) ForeignTrade
Correct Answer – (C)
Question 4 :
Investments made by MNCs are termed as:
(a) Indigenous investment
(b) Foreign investment
(c) Entrepreneur’s investment
(d) None of the above
Correct Answer – (B)
Question 5 :
World Trade Organisation (WTO) was started at the initiative of which one of the following group of countries?
(a) Rich countries
(b) Poor countries
(c) Developed countries
(d) Developing countries
Correct Answer – (C)
MCQ Class 10 Economics Globalisation and the Indian Economy with Answers
Question 6 :
It refers to the globalisation which creates opportunities for all and ensures that its benefits are better shared.
(a) Privatisation
(b) Special Economic Zones (SEZs)
(c) World Trade Organisation (WTO)
(d) Fair globalisation
Correct Answer – (D)
Question 7 :
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.
Correct Answer – (A)
Question 8 :
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.
Correct Answer – (D)
Question 9 :
Which of the following organisations lays stress on liberalisation of foreign trade and foreign investment?
(a) International Labour Organisation
(b) International Monetary Fund
(c) World Health Organisation
(d) World Trade Oraganisation
Correct Answer – (D)
Question 10 :
Which one of the following Indian indus¬tries has been hit hard by globalisation?
(a) Information Technology (IT)
(b) Toy making
(c) Jute
(d) Cement
Correct Answer – (B)
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