MCQ Questions | Class 10 Social Science Economics Chapter 4 | Globalisation and the Indian Economy with Answers

MCQ Questions for Class10 Social Science Chapter 4 Globalisation and the Indian Economy

MCQ | Class 10 Social Science Economics Chapter 4 | Globalisation and the Indian Economy Set A

Check the below NCERT MCQ Questions for Class 10 Social Science Economics Chapter 4 Globalisation and the Indian Economy with Answers Pdf free download. MCQ Questions for Class 10 Social Science with Answers were prepared based on the latest exam pattern. We have Provided Globalisation and the Indian Economy Class 10 Social Science MCQs Questions with Answers to help students understand the concept very well.

Objective Question | Social Science Class 10 Chapter 4

NCERT Solutions Class 10 Social Science Economics
Book:	National Council of Educational Research and Training (NCERT)
Board:	Central Board of Secondary Education (CBSE)
Class:	10th
Subject:	Social Science \| Economics \| Understanding Economic Development
Chapter:	4
Chapters Name:	Globalisation and the Indian Economy
Medium:	English

Class 10 Social Science Chapter 4 | Objective Type Questions

You can refer to NCERT Solutions for Class 10 Social Science Chapter 4 Globalisation and the Indian Economy to revise the concepts in the syllabus effectively and improve your chances of securing high marks in your board exams.

Q1.	Which one of the following organisations lay stress on liberalisation of foreign trade and foreign investment?
	A.International Monetary Fund
	B.International Labour Organisation
	C.World Health Organisation
	D.World Trade Organisation

Q2.	Removing barriers or restrictions set by the government is known as
	A.Globalisation
	B.Privatisation
	C.Nationalism
	D.Liberalisation

Q3.	Which one of the following refers to investment?
	A.The money spent on religious ceremonies
	B.The money spent on social customs
	C.The money spent to buy assets such as land
	D.The money spent on household goods

Q4.	Which of the following is a ‘barrier’ on foreign trade?
	A.Tax on import
	B.Quality control
	C.Sales tax
	D.Tax on local trade

Q5.	Special Economic Zones (SEZs) are being set up to attract
	A.foreign tourists
	B.foreign investment
	C.foreign goods
	D.foreign policies

Q6.	Removing barriers or restrictions set by the government is called:
	A. Liberalisation
	B. Investment
	C. Fovourable trade
	D. Free trade

Q7.	Rapid integration or interconnection between countries is known as:
	A. Privatisation
	B. Globalisation
	C. Liberalisation
	D. Socialisation

Q8.	Globalisation has led to improvement in living conditions:
	A. of all the people
	B. of people in the developed countries
	C. of workers in the developing countries
	D. none of the above.

Q9.	Which one of the following Indian indus¬tries has been hit hard by globalisation?
	A. Information Technology (IT)
	B. Toy making
	C. Jute
	D. Cement

Q10.	World Trade Organisation (WTO) was started at the initiative of which one of the following group of countries?
	A. Rich countries
	B. Poor countries
	C. Developed countries
	D. Developing countries

Q12.	Investments made by MNCs are termed as:
	A. Indigenous investment
	B. Foreign investment
	C. Entrepreneur’s investment
	D. None of the above

Q13.	Which of the following is not a feature of a Multi-National Company?
	A. It owns/controls production in more than one nation.
	B. It sets up factories where it is close to the markets.
	C. It organises production in complex ways.
	D. It employs labour only from its own country.

Q14.	Entry of MNCs in a domestic market may prove harmful for
	A.all large scale producers
	B.all domestic producers
	C.all substandard domestic producers
	D.all small-scale producers

Q15.	Ford Motors set up its first plant in India at
	A.Kolkata
	B.Mumbai
	C.Chennai
	D.Delhi

Q11.	Which of the following organisations lays stress on liberalisation of foreign trade and foreign investment?
	A. International Labour Organisation
	B. International Monetary Fund
	C. World Health Organisation
	D. World Trade Oraganisation

Q16.	Which of the following industries have been hard hit by foreign competition?
	A.Dairy products
	B.Leather industry
	C.Cloth industry
	D.Vehicle industry

Q17.	In which year did the government decide to remove barriers on foreign trade and investment in India?
	A.1993
	B.1992
	C.1991
	D.1990

Q18.	“MNCs keep in mind certain factors before setting up production”. Identify the incorrect option from the choices given below
	A.Availability of cheap skilled and unskilled labour
	B.Proximity to markets
	C.Presence of a large number of local competitors
	D.Favourable government policies

Q19.	Why do MNCs set up offices and factories in more than one nation ?
	A.The cost of production is high and the MNCs can earn profit.
	B.The cost of production is low and the MNCs undergoes a loss.
	C.The cost of production is low and the MNCS can earn greater profit.
	D.The MNCs want to make their presence felt globally.

Q20.	The most common route for investments by MNCs in countries around the world is to:
	A.set up new factories
	B.buy existing local companies
	C.form partnerships with local companies
	D.None of these

MCQ Questions | Class 10 Social Science Economics Chapter 4

MCQ Questions | Class 10 Social Science Economics Chapter 4 | Globalisation and the Indian Economy with Answers

MCQ | Class 10 Social Science Economics Chapter 4 | Globalisation and the Indian Economy Set A

Objective Question | Social Science Class 10 Chapter 4

Class 10 Social Science Chapter 4 | Objective Type Questions

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