MCQ Class 10 Economics Chapter 4 Globalisation and the Indian Economy

MCQ’s For All Chapters – Economics Class 10th

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

Your comments:

Question 1 of 9

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

Sales tax

Quality control

Tax on import

Tax on local trade

Your comments:

Question 2 of 9

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

Your comments:

Question 3 of 9

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

Your comments:

Question 4 of 9

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

Your comments:

Question 5 of 9

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.

Your comments:

Question 6 of 9

7. 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

Your comments:

Question 7 of 9

8. 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

Your comments:

Question 8 of 9

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

1988

1991

1990

1989

Your comments:

Question 9 of 9

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