Quiz on Globalisation and the Indian Economy

Quiz on Globalisation and the Indian Economy

10th Grade

15 Qs

quiz-placeholder

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GLOBALISATION AND THE INDIAN ECONOMY

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Quiz on Globalisation and the Indian Economy

Quiz on Globalisation and the Indian Economy

Assessment

Quiz

Social Studies

10th Grade

Hard

Created by

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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