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 B

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.	Removing barriers or restrictions set by the government is known as :
	A.privatisation
	B.globalisation
	C.liberalisation
	D.socialisation

Q2.	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.

Q3.	Which one of the following has benefited least because of globalisation in India?
	A.Agriculture Sector
	B.Industrial Sector
	C.Service Sector
	D.Secondary Sector

Q4.	Tax on imports is an example of:
	A. Terms of Trade
	B. Collateral
	C. Trade Barriers
	D. ForeignTrade

Q5.	Which one of the following is not characteristic of‘Special Economic Zone’?
	A. They do not have to pay taxes for long period.
	B. Government has allowed flexibility in labour laws.
	C. They have world class facilities.
	D. They do not have to pay taxes for an initial period of five years.

Q6.	Companies who set up production units in the Special Economic Zones (SEZs) do not have to pay taxes for an initial period of:
	A. 2 years
	B. 5 years
	C. 4 years
	D. 10 years

Q7.	It refers to the globalisation which creates opportunities for all and ensures that its benefits are better shared.
	A. Privatisation
	B. Special Economic Zones (SEZs)
	C. World Trade Organisation (WTO)
	D. Fair globalisation

Q8.	An MNC is a company that owns or controls production in
	A. one country
	B. more than one country
	C. only developing countries
	D. only developed countries

Q9.	The process of rapid integration or interconnection between countries through free trade, free mobility of capital and labour is called
	A. Foreign trade
	B. Liberalisation
	C. Globalisation
	D. Privatisation

Q10.	What was the main channel connecting countries in the past?
	A. Labour
	B. Religion
	C. Technology
	D. Trade

Q11.	‘The impact of Globalisation has not been fair.’ Who among the following people have not benefitted from globalisation?
	A. Well off consumers
	B. Small producers and workers
	C. Skilled and educated producers
	D. Large wealthy producers

Q12.	What is the main motive behind the investments of MNCs?
	A. The main motive is to increase their assets and earn profits.
	B. The main motive is the welfare of the poor people.
	C. The main motive of an MNCs is to offer financial support to the government of their country.
	D. The main motive is to benefit foreign countries.

Q13.	Which one of the following is a major benefit of joint production between a local company and a Multi-National Company?
	A.MNC can bring latest technology in the production
	B.MNC can control the increase in the price
	C.MNC can buy the local company
	D.MNC can sell the products under their brand name

Q14.	Which one of the following is not true regarding the World Trade Organisation?
	A.It allows free trade to all countries without any trade barriers.
	B.Its aim is to liberalise international trade.
	C.It establishes rules regarding internaional trade.
	D.WTO rules have forced the developing countries to remove trade barriers.

Q15.	Integration of markets means
	A.operating beyond the domestic markets
	B.wider choice of goods
	C.competitive price
	D.all the above

Q16.	Which of the following contributes to globalisation?
	A.internal trade
	B.external trade
	C.large scale trade
	D.small scale trade

Q17.	Investment means spending on
	A.factory building
	B.machines
	C.equipments
	D.all the above

Q18.	Multinational corporations have succeeded in entering global markets through
	A.WTO
	B.UNO
	C.UNESCO
	D.none of the above

Q19.	FDI (Foreign Direct Investment) attracted by globalisation in India belongs to the
	A.World Bank
	B.multinationals
	C.foreign governments
	D.none of the above

Q20.	Which of the following factors has not facilitated globalisation?
	A.Technology
	B.Liberlisation of trade
	C.WTO
	D.Nationalisation of banks

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 B

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