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 : -. |
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 Globalisation has led to improvement in
(1) choice to consumers
(2) quality of goods and services
(3) foreign investment
(4) all the above
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 4 Solution : -. |
Globalisation and the Indian Economy The most common route for investments by MNCs in countries around the
world is to :
(1) set up new factories
(2) buy existing local companies
(3) form partnerships with local companies
(4) None of these
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 1 Solution : -. |
Globalisation and the Indian Economy Name the organisation whose aim is to liberalise international trade.
(1) ILO (International Labour Organisation)
(2) WHO (World Health Organisation)
(3) WTO (World Trade Organisation)
(4) NSSO (National Sample Survey Organisation)
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 3 Solution : -. |
Globalisation and the Indian Economy Rapid integration or inter connection between countries is known as :
(1) Privatisation
(2) Globalisation
(3) Liberalisation
(4) Socialisation
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 2 Solution : -. |
Globalisation and the Indian Economy A company that operates in more than one country is called a
(1) partnership
(2) corporation
(3) foreign company
(4) multinational
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 4 Solution : -. |
Globalisation and the Indian Economy Taxes on imports is an example of :
(1) terms of trade
(2) collateral
(3) trade barriers
(4) foreign trade
| A. | Option 1 |
| B. | Option 2 |
| C. | Option 3 |
| D. | Option 4 |
|
Option: 3 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 : -. |
