Class X Globalisation and The Indian Economy ( J Suthar)

Removing barriers or restrictions set by the government is called -

• Investment

• Liberalisation

• Free Trade

• Favourable Trade

Rapid integration or interconnection between countries is known as -

• Privatisation

• Liberalisation

• Globalisation

• Socialization

Which one of the following Indian Industries has been hit hard by globalisation ?

• Information Technology

• Toy making

• Jute

• Cement

World Trade Organisation (WTO) was started at the initiative of which one of the following group of countries?

• Rich Countries

• Poor Countries

• Developed countries

• Developing Countries

Which of the following organisations lays stress on the liberalisation of foreign trade and foreign investment ?

• World Health Organization (WHO)

• WorldTrade Organisation (WTO)

• International Labour Organisation (ILO)

• All of these

Investment made by MNCs are termed as -

• Indigenous Investment

• Foreign Investment

• Entrepreneurial Investment

• None of These

In which year Indian Government announced New Economic Policy (NEP)

• 1991

• 2001

• 2011

• 1981

What is full form Of SEZ

• Security Expert Zone

• Special Economic Zone

• Surrounding Extraordinary Zone

• Secret Export Zone

Globalisation has led to improvement in living conditions -

• Of all the people

• Of people in the developed countries

• Of workers in the developing countries

• None of the above

What are the positive impact of Liberalisation ?

• Increase in GDP

• Increase in Production

• Technological Advancement

• Increase in foreign Investment

• All of these