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Class 10 Economics Chapter 4 Globalisation And The Indian Economy Quiz 2 (25 MCQs)

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1. World Trade Organisation (WTO) was started at the initiative of which one of the following group of countries?
2. A furniture factory is an example of .....
3. Chinese are exporting electrical goods and other consumer goods in the Indian market in a big way. It is posing problems for India and Indian manufacturer.
4. Deregulation of Industries' is a feature of economic reforms introduced in 1991 in India.
5. Investments made by MNCs are termed as:
6. MNCs bring advanced technologies and modern managerial skills and thus help in technological up-gradation of the companies of developing countries.
7. If tax is imposed on Chinese toys, what will happen?
8. Rapid integration and connection between countries is known as
9. What is a potential future benefit of globalisation?
10. Removing barriers or restrictions set by the government is called-
11. It refers to the globalisation which creates opportunities for all and ensures that its benefits are better shared.
12. Globalisation has led to improvement in living conditions-
13. Which one of the following Indian industries has been hit hard by globalisation?
14. Which of the following is not a feature of a Multi-National Company?
15. What is one of the demands of developing countries in return for liberalisation?
16. Investment made by MNCs is called
17. Liberalization does not include
18. Globalisation is created by .....
19. Investment made by MNCs are termed as-
20. Selling of goods to any other country is called .....
21. Globalisation by connecting countries leads to:
22. Companies who set up production units in the Special Economic Zones (SEZs) do not have to pay taxes for an initial period of:
23. Where do MNCs choose to set up production?
24. What was the main channel connecting countries in the past?
25. An MNC is a company that owns or controls production in
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