Globalisation and the Indian Economy Class 10 Economics Chapter 4 MCQ Question Answer NCERT Solution

Class 10 Economics Chapter 4 MCQ Question Answer of Globalisation and the Indian Economy NCERT Solution in Hindi. NCERT Class 10 Economics Question Answer and Important Question Answer, Textual Question answer also Available for Various Board Students like HBSE, CBSE, UP board, Mp Board, RBSE and some other State Boards.

NCERT Solution for Class 10 Economics Chapter 4 Globalisation and the Indian Economy MCQ Question Answer.

Globalisation and the Indian Economy Class 10 Chapter 4 MCQ Question Answer


1. Which one of the following is an example of trade barrier ?
(a) Tax on exports
(b) Tax on imports
(c) Free trade
(d) Restriction on exports

Answer

Ans – (b) Tax on imports


2. Which one of the following logo is used for standardization of agriculture products?
(a) ISI
(b) ISO
(c) Hallmark
(d) Agmark

Answer

Ans – (d) Agmark


3. The most common route for investments by MNCs in countries around the world is to: Most Important
(a) Set up new factories
(b) Form partnership with local companies
(c) Buy existing local companies
(d) Imposing tax on local companies

Answer

Ans – (b) Form partnership with local companies


4. When was WTO established?
(a) 1990
(b) 1995
(c) 1998
(d) 2000

Answer

Ans – (b) 1995


5. How many countries are currently members of WTO?
(a) 119
(b) 120
(c) 139
(d) 149

Answer

Ans – 164


6. According to 2006, how many countries were the member of World Trade Organization ?
(A) 100
(B) 120
(C) 149
(D) 200

Answer

Ans – (C) 149


7. _________ has been one of the major factor that has stimulated the globalization process.
(A) Democracy
(B) Monarchy
(C) Socialism
(D) Technology

Answer

Ans – (D) Technology


8. Removing barriers or restrictions set up by the government is known as:
(A) Privatisation
(B) Globalisation
(C) Liberalisation
(D) Industrialisation

Answer

Ans – (C) Liberalisation


9. Globalization has led to improvement in living conditions :
(A) of all the people
(B) of people in developed countries
(C) of workers in developing countries
(D) none of the above

Answer

Ans – (D) None of the above


10. The past two decades of globalization is seen rapid movements in:
(A) Goods, services and people between countries
(B) Goods, services and investment between countries
(C) Goods, investment and people between countries
(D) None of the above

Answer

Ans – (B) Goods, services and investment between countries


11. The most common route for investment by MNCs in countries around the world is to:
(A) Set up new factories
(B) Buy existing local companies
(C) From partnership with local companies
(D) All of the above

Answer

Ans – (D) All of the above


Leave a Comment