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Globalisation in Indian Economy

Total questions: 15

Worksheet time: 33mins

Name
Class
Date
1.

Which of the following is a major factor that has stimulated globalisation?

a)

Improved agriculture

b)

Rapid improvement in transportation and communication

c)

Increase in population

d)

Political stability

2.

Which of these is an example of an MNC?

a)

State Bank of India

b)

Reliance Industries

c)

Infosys

d)

Coca-Cola

3.

What is meant by liberalisation?

a)

Strict trade rules

b)

Removing barriers to trade and investment

c)

Nationalising companies

d)

Fixing minimum wages

4.

Which organisation aims to liberalise international trade?

a)

WHO

b)

UNESCO

c)

WTO

d)

UNDP

5.

Which Indian company has emerged as a multinational company?

a)

Indian Railways

b)

Tata Motors

c)

LIC

d)

BSNL

6.

What is Globalisation?

4 lines
7.

What role has technology played in globalisation?

4 lines
8.

What is liberalisation?

4 lines
9.

How has globalisation impacted Indian consumers?

4 lines
10.

What steps can be taken to make globalisation fair?

4 lines
11.

What is the role of Multinational Corporations (MNCs) in globalisation?

4 lines
12.

How has globalisation impacted Indian industries?

4 lines
13.

What is a trade barrier? Give an example.

4 lines
14.

What is the difference between the organised and unorganised sector?

4 lines
15.

How can people contribute to fair globalisation?

4 lines