Globalisation and the indian economy Quiz

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Question 1 of 13

1. Question
A company that owns or controls production in more than one nation is called
……… .
- Foreign company
- Multi National Company
- International company
- Local company
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Question 2 of 13

2. Question
What are the investments made by MNCs called?
- Foreign investments
- International investments
- Multi National investments
- None of these
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Question 3 of 13

3. Question
It creates an opportunity for the producers to reach beyond the domestic markets.
What does it refer to?
- Technology
- Investments
- Trade barriers
- Globalisation
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Question 4 of 13

4. Question
Why did the government decide to remove barriers on foreign trade and foreign
competitors?
- Because the government wanted to earn the foreign exchange.
- Because the government felt that the time had come for Indian producers to compete with producers in the world market
- Because the government wanted to maintain good relations with other countries.
- All of the above.
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Question 5 of 13

5. Question
How many countries are currently the members of the World Trade Organi-
sations?
- 140 countries
- 145 countries
- 159 countries
- 149 countries
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Question 6 of 13

6. Question
What was the idea behind developing Special Economic Zones (SEZs) in India?
- To attract foreign companies to invest in India
- To earn foreign exchange
- To make India financially stable
- To make India a developed country
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Question 7 of 13

7. Question
What is the full form of WTO?
- World Transactions Organisation
- Wealth Trade Organisation
- World Trade Organisation
- None of the above
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Question 8 of 13

8. Question
Which one of the following is not an MNC?
- Reebok Shoes
- Tata Motors
- SAIL
- Infosys
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Question 9 of 13

9. Question
The international organisation formed for the liberalisation of trade is …
- World Trade Organisation
- United Nations Organisation
- World Trade Centre
- Multi-national Corporation
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Question 10 of 13

10. Question
The most important factor that has stimulated globalisation is ………
- population explosion
- spread of education
- urbanisation
- rapid improvement in technology
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Question 11 of 13

11. Question
What is the term ‘investment’ mean?
- Money spent on buying clothes
- Money spent on buying land, building, machines, etc.
- Money spent on buying a car
- Money spent on buying furniture
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Question 12 of 13

12. Question
WTO is dominated by countries like ……… .
- U.S. and U.K.
- China and France
- India and Japan
- Ireland and Germany
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Question 13 of 13

13. Question
Ranbaxy is a multinational company which is associated with ……… .
- automobiles
- nuts and bolts
- medicines
- information technology
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Understanding Economic Development for Class 10th NCERT

Globalisation and the indian economy Quiz

Globalisation and the indian economy Quiz

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