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.
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MCQ Class 10 Economics Globalisation and the Indian Economy with Answers - Set - 5
Question 1:
Foreign trade results in connecting the markets or integration of markets:
(а) In same countries
(b) In different countries
(c) In friendly countries
(d) None of the above
Correct Answer – (B)
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 :
Which Indian company was bought over by Cargill Foods—a large American MNC? Pick out the name from the alternatives provided
(a) Amul
(b) Fun Foods Ltd.
(c) Agro Tech Foods Ltd.
(d) Parakh Foods
Correct Answer – (D)
Question 4 :
What is the main motive behind the investments of MNCs?
(a) The main motive is to increase their assets and earn profits.
(b) The main motive is the welfare of the poor people.
(c) The main motive of an MNCs is to offer financial support to the government of their country.
(d) The main motive is to benefit foreign countries.
Correct Answer – (A)
Question 5 :
What was the main channel connecting countries in the past?
(a) Labour
(b) Religion
(c) Technology
(d) Trade
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 :
Which organisation supports liberalisation of foreign trade and investments in India?
(a) International Labour Organisation (ILO)
(b) World Bank
(c) World Trade Organisation (WTO)
(d) International Monetary Fund (IMF)
Correct Answer – (C)
Question 8 :
“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 9 :
‘The impact of Globalisation has not been fair.’ Who among the following people have not benefitted from globalisation?
(a) Well off consumers
(b) Small producers and workers
(c) Skilled and educated producers
(d) Large wealthy producers
Correct Answer – (B)
Question 10 :
The process of rapid integration or interconnection between countries through free trade, free mobility of capital and labour is called
(a) Foreign trade
(b) Liberalisation
(c) Globalisation
(d) Privatisation
Correct Answer – (C)
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