Globalisation and the Indian Economy Globalisation results in
(1) lesser competition among producers
(2) greater competition among producers
(3) no change in competition among producers
(4) none of the above
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 2 Solution : -. |
Globalisation and the Indian Economy Which of the following organisations lays stress on liberalisation of
foreign trade and foreigninvestment ?
(1) International Labour Organisation
(2)World Health Organisation
(3) International Monetary Fund
(4)World Trade Organisation
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 4 Solution : -. |
Globalisation and the Indian Economy Foreign Trade
(1) Increases choice of goods
(2) Decreases prices of goods
(3) Increases competition in the market
(4) Decreases earnings
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 4 Solution : -. |
Globalisation and the Indian Economy Which of the following contributes to globalisation?
(1) internal trade
(2) external trade
(3) large scale trade
(4) small scale trade
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 2 Solution : -. |
Globalisation and the Indian Economy MNC stands for
(1) Multinational Corporation
(2) Multination Corporation
(3) Multinational Cities
(4) Multinational Council
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 1 Solution : -. |
Globalisation and the Indian Economy Which one of the following is not true regarding impact of globalisation
of India?
(1) It has created jobs in the service sector.
(2) People with education, skill and wealth have not been benefited.
(3) Benefits of globalisation are not shared equally.
(4) Labour laws are not implemented properly and workers are denied their
rights.
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 4 Solution : -. |
Globalisation and the Indian Economy When was the WTO established?
(1) 1985
(2) 1995
(3) 2000
(4) 2005
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 2 Solution : -. |
Globalisation and the Indian Economy Which of the following factors has not facilitated globalisation?
(1) Technology
(2) Liberlisation of trade
(3) WTO
(4) Nationalisation of banks
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 4 Solution : -. |
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
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 3 Solution : -. |
