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CBSE - Globalisation and the Indian Economy
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Practice Question
Globalisation and the Indian Economy
.
Globalisation and the Indian Economy
What attracts an MNC?
(1) Cheap labour
(2) Ready demand for the product
(3) Both (1) and (2)
(4) None of the above
Correct Answer: 3
.
Related Questions
Globalisation and the Indian Economy
1
A company that operates in more than one country is called a
(1) partnership
(2) corporation
(3) foreign company
(4) multinational
Correct Answer: 4
2
Small Scale industries face competition from
(1) Rising prices
(2) Cheap imports
(3) Exports
(4) Subsidy
Correct Answer: 2
3
Globalization is not supported by
(1) Privatization
(2) Liberalization
(3) Information and communication technology
(4) None of these
Correct Answer: 4
4
When was the WTO established?
(1) 1985
(2) 1995
(3) 2000
(4) 2005
Correct Answer: 2
5
Why do MNCs set up offices and factories in more than one nation ?
(1) The cost of production is high and the MNCs can earn profit.
(2) The cost of production is low and the MNCs undergoes a loss.
(3) The cost of production is low and the MNCS can earn greater profit.
(4) The MNCs want to make their presence felt globally.
Correct Answer: 3
