
Quiz on Globalisation and the Indian Economy

Quiz
•
Social Studies
•
10th Grade
•
Hard
Chirag Bhatt
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does globalisation primarily involve?
Isolation of economies
Integration of economies
Reduction of trade
Increase in tariffs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why did the Indian government initially impose barriers to foreign trade?
To protect domestic producers
To enhance foreign investment
To increase imports
To promote foreign competition
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one benefit of flexibility in labour laws for companies?
Mandatory hiring of permanent staff
Higher wages for workers
Increased job security
Ability to negotiate wages
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do MNCs typically set up production in other countries?
By forming partnerships with local companies
By only exporting goods
By ignoring local laws
By avoiding local markets
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do developed countries seek from developing countries regarding trade?
To limit foreign competition
To increase tariffs on imports
To liberalise trade and investment
To restrict foreign investment
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been a negative impact of globalisation in India?
Improved quality of goods
Greater consumer choice
Widening income inequalities
Increased job opportunities
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has liberalisation of trade policies affected globalisation?
It has limited foreign investment
It has increased tariffs
It has made foreign trade easier
It has restricted foreign trade
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