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Class 11 Economics (Indian Economic Development) Chapter 3 Liberalisation, Privatisation And Globalisation An Appraisal Quiz 5 (25 MCQs)

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1. Greater employment opportunities for people especially in LEDCs in the manufacturing industries. Globalisation can provide jobs for poorer and indigenous people and help them to learn new skills.
2. 8th Uruguay round
3. When was the New Economic Policy announced?
4. A disadvantage of globalisation for manufacturers in the UK would include which one of the following
5. Foreign Investment Policy announced in
6. Long Term Measures undertaken during 1991 New Economic Policy were called as:-
7. ICT is considered a facilitator of globalisation. What does 'ICT' mean in this context?
8. Complete privatisation
9. How have consumer demands changed after government policy changes?
10. GATT's first round held in
11. In 1986 deregulation of which major city led it to become a global financial hub
12. The name of the French company that bought a stake in Southern Englands railway network is?
13. Availability of a greater variety of goods and services to the consumers. We can now buy a range of different imported products in countries across the world that were once not available e.g. you can buy cheddar cheese in Villa Market in Bangkok and fish sauce in Sainsbury's in Manchester whereas 50 years ago neither of these products would have been available in those places.
14. Who first came to India for trading purpose?
15. What was a significant change in human resource management after policy changes?
16. Which of the following is NOT a featureof globalization?
17. MNCs are playing a major role in the globalisation process.
18. The need for workers from poor countries to seek work in rich countries can sometimes mean that families have to temporarily move apart.
19. An MNC is a company that owns or control production in.
20. Which of the following is not a part of Foreign Institutional investors?
21. The exchange of goods and services by sale or barter driven by the need for resources.
22. Production of goods are moved from developed countries to developing countries to .....
23. Which of the following are high income countries?
24. Globalisation operates mostly in the interests of the richest countries, which continue to dominate world trade at the expense of developing countries.
25. Saga Falabella, Sodimac, Wong, Nike; are ..... companies.
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