Globalisation and the Indian Economy, Class 10 Economics NCERT Solutions

1. There will be total 10 MCQ in this test.
2. Please keep a pen and paper ready for rough work but keep your books away.
3. The test will consist of only objective type multiple choice questions requiring students to mouse-click their correct choice of the options against the related question number.
4. No negative marking for incorrect choice.
5. Please click on “Finish the Test” when you want to exit.
6. All the best – Happy Studying

1. Which of the following has not gained from the process of globalisation?

 Small indigenous industries

 Indian IT industries

 Big Indian industries

 Multinational Corporations

Question 1 of 10

2. Which of the following is a ‘barrier’ on foreign trade?

  Sales tax

 Quality control

  Tax on import

  Tax on local trade

Question 2 of 10

3. In what way did the pressure of competition affect the workers in the garment industry?

  Reduced cost of raw materials

 Reduced the labour cost

  Decreased the working hours

 Protection to workers

Question 3 of 10

4. Liberalisation involves which one of the following?

  Increasing import duties on goods

  Increased export duties on goods

 Increasing subsidy on fertilizers

 Removal of trade barriers

Question 4 of 10

5. Globalisation does not involve which one of the following?

 Rapid integration between countries

 Movement of people between countries for jobs, education etc.

  Increased taxes on imports

 More goods and services moving between countries

Question 5 of 10

6. Which of the following fact is not true about globalisation?

 Globalisation has been beneficial to each and every country of the world.

 Globalisation needs to become fairer.

 Advancement in information and communication technology has strengthened the process of globalisation.

 Many IT industries have been benefited by globalisation.

Question 6 of 10

7. Which one of the following Indian industries is hit hard by globalisation?

  IT industry

  Cement

 Jute

  Toy making

Question 7 of 10

8. Which one of the following is not a feature of a multinational corporation?

 It owns/control production in more than one nation.

  It employs labour only from its own country.

  It sets up factories where it is close to the markets.

 It organises production in complex ways

Question 8 of 10

9. Which of the following benefited the buyers in foreign trade?

 Export of domestically produced goods

 Increase in the choice of goods

 Expansion of domestic markets

 Domestically produced and sold

Question 9 of 10

10. In which year far reaching changes were made in India’s economic policy?

 1988

  1991

  1990

 1989

Question 10 of 10

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