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WorksheetsGlobalisation & Indian Economy Part 1
Total questions: 17
Worksheet time: 9mins
Name
Class
Date
1.
‘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
2.
“MNCs keep in mind certain factors before setting up production” Identify the incorrect option from the choices given below
a)
Availability of cheap skilled and unskilled labour
b)
Proximity to markets
c)
Presence of a large number of local competitors
d)
Favourable government policies
3.
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
4.
Benefits enjoyed by companies who set up production units in the SEZs are:
a)
they do not have to pay taxes for some years
b)
reduction in excise duty
c)
reduced tariffs and barriers
d)
none of the above
5.
By 2006, how many countries were the members of the World Trade Organisation?
a)
139
b)
149
c)
159
d)
169
6.
Cheaper imports, inadequate investment in infrastructure lead to
a)
slowdown in agricultural sector
b)
replace the demand for domestic production
c)
slowdown in industrial sector
d)
All the above
7.
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
8.
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.
9.
Fair globalisation refers to ensuring benefits to:
a)
labourers
b)
producers
c)
consumers
d)
all the above
10.
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
11.
Globalisation has led to improvement in
a)
choice to consumers
b)
quality of goods and services
c)
foreign investment
d)
all the above
12.
Globalisation has led to improvement in living conditions:
a)
of all the people
b)
of people in the developed countries
c)
of workers in the developing countries
d)
none of the above.
13.
Globalisation leads to rapid movements of the following between countries :
a)
goods and services
b)
investments
c)
people
d)
all the above
14.
Globalisation results in
a)
lesser competition among producers
b)
greater competition among producers
c)
no change in competition among producers
d)
none of the above
15.
Globalisation results in
a)
inflow of labour from abroad
b)
inflow of capital from abroad
c)
inflow of tourists from abroad
d)
all the above
16.
Globalisation so far has been more in favour of:
a)
developed countries
b)
developing countries
c)
poor countries
d)
none of the above
17.
In which year did the government decide to remove barriers on foreign trade and investment in India?
a)
1993
b)
1992
c)
1991
d)
1990
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