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 - 1
Question 1:
“MNCs keep in mind certain factors before setting up production”. Identify the incorrect option from the choices given below
(a) Availability of cheap skilled and unskilled labour
(b) Proximity to markets
(c) Presence of a large number of local competitors
(d) Favourable government policies
Correct Answer – (C)
Question 2 :
Which of the following industries have been hard hit by foreign competition?
(a) Dairy products
(b) Leather industry
(c) Cloth industry
(d) Vehicle industry
Correct Answer – (A)
Question 3 :
Entry of MNCs in a domestic market may prove harmful for
(a) all large scale producers
(b) all domestic producers
(c) all substandard domestic producers
(d) all small-scale producers
Correct Answer – (C)
Question 4 :
Which of the following is a ‘barrier’ on foreign trade?
(a) Tax on import
(b) Quality control
(c) Sales tax
(d) Tax on local trade
Correct Answer – (A)
Question 5 :
Removing barriers or restrictions set by the government is known as
(a) Globalisation
(b) Privatisation
(c) Nationalism
(d) Liberalisation
Correct Answer – (D)
MCQ Class 10 Economics Globalisation and the Indian Economy with Answers
Question 6 :
In which year did the government decide to remove barriers on foreign trade and investment in India?
(a) 1993
(b) 1992
(c) 1991
(d) 1990
Correct Answer – (C)
Question 7 :
Ford Motors set up its first plant in India at
(a) Kolkata
(b) Mumbai
(c) Chennai
(d) Delhi
Correct Answer – (C)
Question 8 :
Special Economic Zones (SEZs) are being set up to attract
(a) foreign tourists
(b) foreign investment
(c) foreign goods
(d) foreign policies
Correct Answer – (B)
Question 9 :
Which one of the following refers to investment?
(a) The money spent on religious ceremonies
(b) The money spent on social customs
(c) The money spent to buy assets such as land
(d) The money spent on household goods
Correct Answer – (C)
Question 10 :
Which one of the following organisations lay stress on liberalisation of foreign trade and foreign investment?
(a) International Monetary Fund
(b) International Labour Organisation
(c) World Health Organisation
(d) World Trade Organisation
Correct Answer – (D)
- NCERT Solutions Class 10 Civics Chapter 1 : Power Sharing
- NCERT Solutions Class 10 Civics Chapter 2 : Federalism
- NCERT Solutions Class 10 Civics Chapter 3 : Democracy and Diversity
- NCERT Solutions Class 10 Civics Chapter 4 : Gender Religion and Caste
- NCERT Solutions Class 10 Civics Chapter 5 : Popular Struggles and Movements
- NCERT Solutions Class 10 Social Science Democratic Politics II Textbook
