Globalisation and the Indian Economy Class 10 MCQs
Globalisation and the Indian Economy Class 10 MCQs – Understanding Economic Development
Class: 10
Subject: Social Science
Section: Economics – Understanding Economic Development
Topic: Globalisation and the Indian Economy
Board: CBSE Board Examination
These Multiple Choice Questions (MCQs) are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 10 Social Science exam standard.
Subject: Social Science
Section: Economics – Understanding Economic Development
Topic: Globalisation and the Indian Economy
Board: CBSE Board Examination
These Multiple Choice Questions (MCQs) are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 10 Social Science exam standard.
1. Globalisation refers to:
Answer: B
Globalisation connects countries through trade, investment, and technology.
Globalisation connects countries through trade, investment, and technology.
2. Main driving force of globalisation:
Answer: A
Improved transport and ICT reduced distances.
Improved transport and ICT reduced distances.
3. MNC stands for:
Answer: A
Companies operating in multiple countries.
Companies operating in multiple countries.
4. MNCs invest in:
Answer: A
They set up production worldwide.
They set up production worldwide.
5. Foreign investment is called:
Answer: A
Foreign Direct Investment builds production units.
Foreign Direct Investment builds production units.
6. Globalisation increases:
Answer: D
Consumers benefit from variety.
Consumers benefit from variety.
7. WTO stands for:
Answer: A
It regulates global trade rules.
It regulates global trade rules.
8. Liberalisation means:
Answer: B
It promotes free trade.
It promotes free trade.
9. Indian reforms began in:
Answer: B
Economic liberalisation started in 1991.
Economic liberalisation started in 1991.
10. Globalisation benefits:
Answer: D
Multiple stakeholders gain.
Multiple stakeholders gain.
11. Small producers face:
Answer: D
They struggle against MNCs.
They struggle against MNCs.
12. Fair globalisation requires:
Answer: D
Ensures inclusive growth.
Ensures inclusive growth.
13. Outsourcing means:
Answer: B
Firms shift work globally.
Firms shift work globally.
14. IT revolution supported:
Answer: D
Technology enabled integration.
Technology enabled integration.
15. Trade barrier example:
Answer: D
They restrict imports.
They restrict imports.
16. Global brands in India:
Answer: D
MNC presence increased.
MNC presence increased.
17. Liberalisation encourages:
Answer: D
Boosts growth.
Boosts growth.
18. WTO aims at:
Answer: D
Global trade governance.
Global trade governance.
19. Export growth leads to:
Answer: D
Boosts economy.
Boosts economy.
20. Challenge of globalisation:
Answer: D
Benefits unevenly distributed.
Benefits unevenly distributed.