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WorksheetsGlobalisation & Indian Economy Part 2
Total questions: 17
Worksheet time: 9mins
Name
Class
Date
1.
Investment means spending on
a)
factory building
b)
machines
c)
equipments
d)
all the above
2.
Investments made by MNCs are termed as:
a)
Indigenous investment
b)
Foreign investment
c)
Entrepreneur’s investment
d)
None of the above
3.
It refers to the globalisation which creates opportunities for all and ensures that its benefits are better shared
a)
Privatisation
b)
Special Economic Zones (SEZs)
c)
World Trade Organisation (WTO)
d)
Fair globalisation
4.
Liberalisation refers to
a)
freeing the economy from direct control
b)
putting an end to various restrictions
c)
opening up the economy
d)
all the above
5.
Multinational corporations have succeeded in entering global markets through
a)
WTO
b)
UNO
c)
UNESCO
d)
none of the above
6.
Rapid integration or interconnection between countries is known as:
a)
Privatisation
b)
Globalisation
c)
Liberalisation
d)
Socialisation
7.
Removing barriers or restrictions set by the government is called:
a)
Liberalisation
b)
Investment
c)
Fovourable trade
d)
Free trade
8.
Special Economic Zones (SEZ) developed by the Government of India aim
a)
to attract foreign companies to invest in India
b)
to encourage small investors
c)
to encourage regional development
d)
none of the above
9.
Tax on imports is an example of:
a)
Terms of Trade
b)
Collateral
c)
Trade Barriers
d)
ForeignTrade
10.
The most common route for investments by MNCs in countries around the world is to:
a)
set up new factories
b)
buy existing local companies
c)
form partnerships with local companies
d)
None of these
11.
The process of rapid integration or interconnection between countries through free trade, free mobility of capital and labour is called
a)
Foreign trade
b)
Liberalisation
c)
Globalisation
d)
Privatisation
12.
What attracts an MNC?
a)
A-Cheap labour
b)
B-Ready demand for the product
c)
Both (a) and (b)
d)
None of the above
13.
What is the main motive behind the investments of MNCs?
a)
The main motive is to increase their assets and earn profits.
b)
The main motive is the welfare of the poor people.
c)
The main motive of an MNCs is to offer financial support to the government of their country.
d)
The main motive is to benefit foreign countries.
14.
What was the main channel connecting countries in the past?
a)
Labour
b)
Religion
c)
Technology
d)
Trade
15.
When was the WTO established?
a)
1985
b)
1995
c)
2000
d)
2005
16.
Which has played a big role in spreading globalisation?
a)
A-Information technology (IT)
b)
B-Transport technology
c)
Both (a) and (b)
d)
None of the above
17.
Which of the following contributes to globalisation?
a)
internal trade
b)
external trade
c)
large scale trade
d)
small scale trade
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