Globalisation and the Indian Economy Multiple-choice Questions (MCQs) will help students while studying the chapter related to Globalisation and the Indian Economy. It is an important chapter in the syllabus of Class 10 Social Science. Solving the Globalisation and the Indian Economy MCQ Questions, in addition to referring to the CBSE Notes for Class 10 Social Science, will help students to understand the chapters in a comprehensive manner and be better prepared while facing the examination.
Students must solve MCQ Questions of Class 10 Social Science to help them understand their level of preparation. Globalisation and the Indian Economy MCQs given below will help students to revise and recollect the important concepts and points related to topics such as production across countries, multinational companies, interlinking production across countries, foreign trade, integration of markets, globalisation, factors that have enabled globalisation, liberalisation of foreign trade and foreign investment policy, trade barriers, World Trade Organisation, impact of globalisation in India, and the struggle for a fair globalisation.
MCQ Questions for Class 10 Social Science - Globalisation and the Indian Economy
1. What is the main feature of new economic policy ?
(a) Liberalisation
(b) Privatisation
(c) Globalisation
(d) All of these
Answer: (d) All of these
2. How many member countries of WTO ?
(a) 149
(b) 120
(c) 96
(d) 48
Answer: (a) 149
3. Where is the headquarter of W.T.O ?
(a) Italy
(b) Geneva
(c) New York
(d) Washington
Answer: (b) Geneva
4. Foreign trade process continues in ..................
(a) Between Countries
(b) Between States
(c) Within the Country
(d) None of these
Answer: (a) Between Countries
5. Which of these is not the export of India ?
(a) Tea
(b) Coffee
(c) Tobacco
(d) Fertilizers
Answer: (d) Fertilizers
6. Which term specifies the quantity of goods which can be imported ?
(a) Quotas
(b) Tariffs
(c) Trade
(d) All of the above
Answer: (a) Quotas
7. India's present share in the world's export is :
(a) 0.6%
(b) 2%
(c) 0.87%
(d) 1.8%
Answer: (c) 0.87%
8. The main motive of public sector enterprise is :
(a) Profit
(b) Public welfare
(c) Advantages
(d) None of these
Answer: (b) Public welfare
9. A tax or a duty on imports is called :
(a) Tariff
(b) Quota
(c) Export
(d) None of these
Answer: (a) Tariff
10. When was W.T.O established ?
(a) 1996
(b) 1998
(c) 2000
(d) 1995
Answer: (d) 1995
11. India adopted the Globalisation policy in :
(a) 1991
(b) 1993
(c) 1998
(d) 2001
Answer: (a) 1991
