Class 12 globalization

Amalgamation and rapid unification between countries can be identified as

• Globalisation

• Liberalisation

• Socialisation

• Privatisation

Globalisation has improved in the living structure of

• All the people

• Workers in developing countries

• People in developed countries

• None of the above

Which Indian industries have been hit by globalisation?

• Cement

• Jute

• Toy making

• Information technology (IT)

Which organisations strain on the liberalisation of foreign investment and foreign trade?

• IMF

• WHO

• WTO

Tax on imports can be treated as

• Collateral

• Trade barriers

• Foreign trade

• Terms of trade

The main reason behind MNCs investments are

• To benefit foreign countries

• To provide financial support to the country's government

• For the welfare of underprivileged people

• To increase the assets and earn profits

Which institute supports investment and foreign trade in India?

• IMF

• WTO

• World bank

The first WSF meeting was organised in

• Brazil

• Mumbai

• Nairobi

IMF stands for

(a)  

Which statement about globalisation is FALSE

• the movement of capital and commodities will not likely to be quicker and why does and the movement of people across different parts of the world.

• The impact of globalisation is vastly an even.

• Globalisation is a multidimensional concept