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 - 2
Question 1:
Investment means spending on
(a) factory building
(b) machines
(c) equipments
(d) all the above
Correct Answer – (D)
Question 2 :
Integration of markets means
(a) operating beyond the domestic markets
(b) wider choice of goods
(c) competitive price
(d) all the above
Correct Answer – (D)
Question 3 :
Which one of the following is a major benefit of joint production between a local company and a Multi-National Company?
(a) MNC can bring latest technology in the production
(b) MNC can control the increase in the price
(c) MNC can buy the local company
(d) MNC can sell the products under their brand name
Correct Answer – (A)
Question 4 :
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 – (D)
Question 5 :
The most common route for investments by MNCs in countries around the world is to:
(a) set up new factories
(b) buy existing local companies
(c) form partnerships with local companies
(d) None of these
Correct Answer – (A)
MCQ Class 10 Economics Globalisation and the Indian Economy with Answers
Question 6 :
Which of the following contributes to globalisation?
(a) internal trade
(b) external trade
(c) large scale trade
(d) small scale trade
Correct Answer – (B)
Question 7 :
Which one of the following is not true regarding the World Trade Organisation?
(a) It allows free trade to all countries without any trade barriers.
(b) Its aim is to liberalise international trade.
(c) It establishes rules regarding internaional trade.
(d) WTO rules have forced the developing countries to remove trade barriers.
Correct Answer – (A)
Question 8 :
Which one of the following has benefited least because of globalisation in India?
(a) Agriculture Sector
(b) Industrial Sector
(c) Service Sector
(d) Secondary Sector
Correct Answer – (A)
Question 9 :
Removing barriers or restrictions set by the government is known as :
(a) privatisation
(b) globalisation
(c) liberalisation
(d) socialisation
Correct Answer – (C)
Question 10 :
Why do MNCs set up offices and factories in more than one nation ?
(a) The cost of production is high and the MNCs can earn profit.
(b) The cost of production is low and the MNCs undergoes a loss.
(c) The cost of production is low and the MNCS can earn greater profit.
(d) The MNCs want to make their presence felt globally.
Correct Answer – (C)
- 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
