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Unit 4 Ch 4 : Globalization and the Indian Economy Social Studies - Unit 4 Ch 4 : Globalization and the Indian Economy

CBSE - STD 10 - Social Studies (CBSE - English Medium). 841 questions in this chapter.

Question types

Unit 4 Ch 4 : Globalization and the Indian Economy question types

841 questions across 16 question groups — pick any mix to generate a Social Studies paper with step-by-step answer keys.

841
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16
Question groups
5
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Sample Questions

Unit 4 Ch 4 : Globalization and the Indian Economy questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Q 1MCQ (1 Mark)1 Mark
Which of the following is not a feature of a Multi $-$ National Company?
  • A
    It owns/controls production in more than one nation.
  • B
    It sets up factories where it is close to the markets.
  • C
    It organises production in complex ways.
  • ✓
    It employs labour only from its own country.

Answer: D.

View full solution →
Q 2MCQ (1 Mark)1 Mark
Which one of the following organisations lays stress on liberalisation of foreign trade and foreign investment?
  • A
    International Monetary Fund.
  • B
    International Labour Organisation.
  • C
    World Health Organisation.
  • ✓
    World Trade Organisation.

Answer: D.

View full solution →
Q 3MCQ (1 Mark)1 Mark
Which of the following is a ‘barrier’ on foreign trade?
  • ✓
    Tex on import.
  • B
    Quality control.
  • C
    Sales tax.
  • D
    Tax on local trade.

Answer: A.

View full solution →
Q 4MCQ (1 Mark)1 Mark
Cargill Foods'is the largest producer of which of the following in India?
  • A
    Medicines.
  • B
    Asian Paints.
  • ✓
    Edible oil.
  • D
    Garments.

Answer: C.

View full solution →
Q 5MCQ (1 Mark)1 Mark
Globalisation does $\text{NOT}$ involve which one of the following?
  • A
    Rapid integration between countries.
  • B
    More goods and services moving between countries.
  • ✓
    Increased taxes on imports.
  • D
    Movement of people between countries for jobs, education etc.

Answer: C.

View full solution →
Q 10Fill In The Blanks [1 Mark]1 Mark
Fill in the blanks.
WTO was started at the initiative of __________countries. The aim of the WTO is to _________________. WTO establishes rules regarding ________________ for all countries, and sees that __________________ In practice, trade between countries is not ___________________. Developing countries like India have ______________, whereas developed countries, in many cases, have continued to provide protection to their producers.
View full solution →
Q 11Fill In The Blanks [1 Mark]1 Mark
Fill in the blanks.
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because ______________________________ . While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater _________________among the producers.
View full solution →
Q 30CASE BASED QUESTIONS(4 Mark)4 Marks
Read the source given below and answer the following questions:
In recent years, the central and state governments in India are taking special steps to attract foreign companies to invest in India. Industrial zones, are called Special Economic Zones (SEZs), are being set up. SEZs are to have world class facilities: electricity, water, roads, transport, storage, recreational and educational facilities. Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years. Government has also allowed flexibility in the labour laws to attract foreign investment. Companies in the organised sector have to obey certain rules that aim to protect the workers' rights. In the recent years, the government has allowed companies to ignore many of these. Instead of hiring workers on a regular basis, companies hire workers 'flexibly' for short periods when there is intense pressure of work. This is done to reduce the cost of labour for the company. However, still not satisfied, foreign companies are demanding more flexibility in labour laws.
Answer the following MCQs by choosing the most appropriate option:
  1. What do you understand by the term 'Special Economic Zones'?
  1. Industrial zones.
  2. Banking zone.
  3. Farming zone.
  4. Forest Conservation zone.
  1. Which of the following steps have been taken by the government to attract foreign companies?
  1. Providing food, shelter and cloth.
  2. Judicial facilities.
  3. Companies do not have to pay taxes for an initial period of five years. Government has also allowed flexibility in the labour laws to attract foreign investment.
  4. All of these.
  1. Which facilities are provided in Special Economic Zones?
  1. Free raw materials for industries.
  2. Voting facility.
  3. SEZs are to have world class facilities: electricity, water, roads, transport, storage, recreational and educational facilities.
  4. Zero taxes in 10 years.
  1. Which of the following are/ is the demands of foreign companies?
  1. Free electricity
  2. Free transport.
  3. Less flexibility in labour laws.
  4. Foreign companies are demanding more flexibility in labour laws.
View full solution →
Q 31CASE BASED QUESTIONS(4 Mark)4 Marks
Read the source given below and answer the following questions:
Globalisation has been facilitated by several factors. Three of these have been highlighted: rapid improvements in technology, liberalisation of trade and investment policies and, pressures from international organisations such as the WTO. But with the development of an economy, environmental protection is also necessary. ln June 1992, more than 100 heads of states met in Rio-de-Janeiro in Brazil, for the first international Earth Summit. The summit was convened for addressing urgent problems of environmental protection and socio-economic development at the global level. The assembled leaders signed the Declaration on Global Climatic Change and Biological Diversity. The Rio Convention endorsed the global Forest Principles and adopted Agenda 21 for achieving Sustainable Development in the 21st century.
Answer the following MCQs by choosing the most appropriate option:
  1. The so called first international Earth summit was convened for:
  1. Addressing urgent problems of environmental protection.
  2. Addressing socio-economic development at the global level.
  3. Both (a) and (b).
  4. None of these.
  1. The passage is mainly related to
  1. Globalisation and environment.
  2. Rio-de-Janeiro Earth Summit 1992.
  3. Sustainable development.
  4. Agenda 21.
  1. Agenda 21 is the flowchart of action to be taken by the assembled nations to:
  1. Achieve environmental protection.
  2. Fulfil the needs of future generations.
  3. Combat the hurdles that debar sustainable development.
  4. Attain socio-economic development at global level.
  1. The term used to achieve development without damaging the environment and without compromising with the needs of the future generations is:
  1. Socio-economic development.
  2. Agenda 21.
  3. Global environmental development.
  4. Sustainable development.
View full solution →
Q 32CASE BASED QUESTIONS(4 Mark)4 Marks
Read the source given below and answer the following questions:
Ever since humans appeared on the earth, they have used different means of communication. But, the pace of change, has been rapid in modern times. Long-distance communication is far easier without the physical movement of the communicator or receiver. Personal communication and mass communication including television, radio, press, films, etc. are the major means of communication in the country.
Mass communication provides entertainment and creates awareness among people about various national programmes and policies. It includes radio, television, newspapers, magazines, books and films. All India Radio (Akashwani) broadcasts a variety of programmes in national, regional and local languages for various categories of people, spread over different parts of the country. Doordarshan, the national television channel of India, is one of the largest terrestrial networks in the world. It broadcasts a variety of programmes from entertainment, educational to sports, etc. for people of different age groups.
India publishes a large number of newspapers and periodicals annually. They are of different types depending upon their periodicity. Newspapers are published in about 100 languages and dialects. India is the largest producer of feature films in the world. It produces short films; video feature films and video short films. The Central Board of Film Certification is the authority to certify both Indian and foreign films.
Answer the following MCQs by choosing the most appropriate option:
  1. What does AIR stand for?
  1. All India Radio.
  2. American Indian Radio.
  3. Asian Indo Radio.
  4. None of these.
  1. Which is the authority to certify both Indian and foreign films?
  1. Censorship Board.
  2. Central Board of Film Certification.
  3. Central Bureau of Certification.
  4. Central Board.
  1. Following are the features of mass communication, except:
  1. Mass communication includes television, radio, press, films, etc.
  2. It is one of the major means of communication in the country.
  3. It provides entertainment as well as creates awareness among the masses.
  4. It is a communication between person to person.
  1. Which is the largest terrestrial networks in the world?
  1. BBC.
  2. CNN.
  3. Doordarshan.
  4. Reuters.
View full solution →
Q 33CASE BASED QUESTIONS(4 Mark)4 Marks
Read the case given below and answer the questions that follow:
Energy can be generated from fuel minerals like coal, petroleum, natural gas, uranium and from electricity. Energy resources can be classified as conventional and non-conventional sources. Conventional sources include: firewood, cattle dung cake, coal, petroleum, natural gas and electricity (both hydel and thermal). Non-conventional sources include solar, wind, tidal, geothermal, biogas and atomic energy. Firewood and cattle dung cake are most common in rural India. According to one estimate, more than 70 percent energy requirement in rural households is met by these two, continuation of these is increasingly becoming difficult due to decreasing forest area. Moreover, using dung cake too is being discouraged because it consumes most
valuable manure which could be used in agriculture.
Q.1. Which conventional energy source are mostly used in rural areas?
Q.2. It is becoming difficult to continue the use of firewood and cattle dung. What is the reason?
Q.3. What are conventional sources of energy? Give two examples.
View full solution →
Q 34MCQ [1M - ECONOMICS]1 Mark
Recognize and choose the option that correctly matches the effects and consequent outcomes of globalization.
Column A
(Effects of globalisation)		Column B
(Outcomes)
1. Increased foreign
investment		i. Expansion of global markets and access to technology
2. Cultural exchange and
awareness		ii. Loss of traditional jobs due to automation and cheaper labor elsewhere
3. Techonological exchange
and awareness		iii. Spread of cultural practices, ideas, and values across borders
4. Growth of multinational
corporations		iv. Large companies becoming dominant players in global markets

Choose the correct option :
  • A
    1-iii, 2-ii, 3-i, 4-iv
  • B
    1-iv, 2-ii, 3-i, 4-iii
  • C
    1-ii, 2-iv, 3-iii, 4-i
  • ✓
    1-i, 2-iii, 3-ii, 4-iv

Answer: D.

View full solution →
Q 35MCQ [1M - ECONOMICS]1 Mark

Which of the following is not a feature of a Multi-National Company?

  • A
    It owns/controls production in more than one nation.
  • B
    It sets up factories where it is close to the markets.
  • C
    It organises production in complex ways.
  • D
    It employs labour only from its own country.
    • View full solution →
    Q 36MCQ [1M - ECONOMICS]1 Mark
    Globalisation has led to improvement in living conditions
    • A
      Of all the people.
    • B
      Of people in the developed countries.
    • C
      Of workers in the developing countries.
  • D
    None of the above.
    • View full solution →
    Q 37MCQ [1M - ECONOMICS]1 Mark
    The most common route for investments by MNCs in countries around the world is to
    View full solution →
    Q 38MCQ [1M - ECONOMICS]1 Mark
    The past two decades of globalisation has seen rapid movements in
    View full solution →
    Q 39True Or False. [1M - ECONOMICS]1 Mark
    UNICEF is one such organisation whose aim is to liberalise international trade. (True/ False)
    View full solution →
    Q 40True Or False. [1M - ECONOMICS]1 Mark
    'Ensuring that rules are being followed' is a function of World Trade Organisation. (True/ False)
    View full solution →
    Q 41True Or False. [1M - ECONOMICS]1 Mark
    As on July 2016, 175 countries are the members of World Trade Organisation. (True/ False)
    View full solution →
    Q 42Fill In The Blanks [1M - ECONOMICS]1 Mark
    Fill in the blanks.
    Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because ______________________________ . While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater _________________among the producers.
    View full solution →
    Q 43Fill In The Blanks [1M - ECONOMICS]1 Mark
    WTO stands for World ________ Organisation.
    View full solution →
    Q 44Fill In The Blanks [1M - ECONOMICS]1 Mark
    WTO aims to ________ international trade.
    View full solution →
    Q 45Fill In The Blanks [1M - ECONOMICS]1 Mark
    Workers are often employed ________ for short periods when there is intense pressure of work.
    View full solution →
    Q 46Fill In The Blanks [1M - ECONOMICS]1 Mark
    Trade routes connected India and South Asia to markets in the East and ________.
    View full solution →
    Q 47Question-Answer [1M - ECONOMICS]1 Mark
    Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources?
    View full solution →
    Q 48Question-Answer [1M - ECONOMICS]1 Mark
    What is meant by trade barrier?
    View full solution →
    Q 49Question-Answer [1M - ECONOMICS]1 Mark
    What is meant by ‘fair globalisation’?
    View full solution →
    Q 50Question-Answer [1M - ECONOMICS]1 Mark
    Due to which reason the latest models of different items are available within our reach?
    View full solution →
    Q 51Question-Answer [1M - ECONOMICS]1 Mark
    Differentiate between investment and foreign investment.
    View full solution →
    Q 52VSQ [2M - ECONOMICS]2 Marks
    Explain the two components of liberalisation.
    View full solution →
    Q 53SHORT ANSWER QUESTIONS [3M - ECONOMICS]3 Marks
    Highlight the significant three factors that have contributed to the growth of globalisation.
    View full solution →
    Q 54SHORT ANSWER QUESTIONS [3M - ECONOMICS]3 Marks
    ‘‘Foreign trade integrates the markets in different countries.’’ Support the statement with arguments.
    View full solution →
    Q 55SHORT ANSWER QUESTIONS [3M - ECONOMICS]3 Marks
    How did ‘Cargill Foods’ become the largest producer of edible oils in India ? Explain.
    View full solution →
    Q 56SHORT ANSWER QUESTIONS [3M - ECONOMICS]3 Marks
    Explain by giving examples that Multinational Corporations (MNCs) are spreading their productions in different ways.
    View full solution →
    Q 57SHORT ANSWER QUESTIONS [3M - ECONOMICS]3 Marks
    How are Multinational Corporations spreading their products? Explain with examples.
    View full solution →
    Q 58LONG ANS. QUESTIONS [5M - ECONOMICS]5 Marks
    Privatisation can have both positive and negative effects on the economy. Support the statement with argument.
    View full solution →
    Q 59LONG ANS. QUESTIONS [5M - ECONOMICS]5 Marks
    Describe the impact of globalisation on Indian economy with examples.
    View full solution →
    Q 60LONG ANS. QUESTIONS [5M - ECONOMICS]5 Marks
    What is liberalisation? Describe any four effects of liberalisation on the Indian economy.
    View full solution →
    Q 61LONG ANS. QUESTIONS [5M - ECONOMICS]5 Marks
    Analyse any five positive effects of globalisation on the Indian economy.
    View full solution →
    Q 62LONG ANS. QUESTIONS [5M - ECONOMICS]5 Marks
    ‘‘Globalisation and greater competition among producers has been advantageous to consumers.’’ Support the statement with examples.
    View full solution →
    Q 63CASE BASED QUESTIONS [4M - ECONOMICS]4 Marks
    Read the case given below and answer the questions that follow:
    Energy can be generated from fuel minerals like coal, petroleum, natural gas, uranium and from electricity. Energy resources can be classified as conventional and non-conventional sources. Conventional sources include: firewood, cattle dung cake, coal, petroleum, natural gas and electricity (both hydel and thermal). Non-conventional sources include solar, wind, tidal, geothermal, biogas and atomic energy. Firewood and cattle dung cake are most common in rural India. According to one estimate, more than 70 percent energy requirement in rural households is met by these two, continuation of these is increasingly becoming difficult due to decreasing forest area. Moreover, using dung cake too is being discouraged because it consumes most
    valuable manure which could be used in agriculture.
    Q.1. Which conventional energy source are mostly used in rural areas?
    Q.2. It is becoming difficult to continue the use of firewood and cattle dung. What is the reason?
    Q.3. What are conventional sources of energy? Give two examples.
    View full solution →
    Q 64CASE BASED QUESTIONS [4M - ECONOMICS]4 Marks
    Read the source given below and answer the following questions:
    In recent years, the central and state governments in India are taking special steps to attract foreign companies to invest in India. Industrial zones, are called Special Economic Zones (SEZs), are being set up. SEZs are to have world class facilities: electricity, water, roads, transport, storage, recreational and educational facilities. Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years. Government has also allowed flexibility in the labour laws to attract foreign investment. Companies in the organised sector have to obey certain rules that aim to protect the workers' rights. In the recent years, the government has allowed companies to ignore many of these. Instead of hiring workers on a regular basis, companies hire workers 'flexibly' for short periods when there is intense pressure of work. This is done to reduce the cost of labour for the company. However, still not satisfied, foreign companies are demanding more flexibility in labour laws.
    Answer the following MCQs by choosing the most appropriate option:
    1. What do you understand by the term 'Special Economic Zones'?
    1. Industrial zones.
    2. Banking zone.
    3. Farming zone.
    4. Forest Conservation zone.
    1. Which of the following steps have been taken by the government to attract foreign companies?
    1. Providing food, shelter and cloth.
    2. Judicial facilities.
    3. Companies do not have to pay taxes for an initial period of five years. Government has also allowed flexibility in the labour laws to attract foreign investment.
    4. All of these.
    1. Which facilities are provided in Special Economic Zones?
    1. Free raw materials for industries.
    2. Voting facility.
    3. SEZs are to have world class facilities: electricity, water, roads, transport, storage, recreational and educational facilities.
    4. Zero taxes in 10 years.
    1. Which of the following are/ is the demands of foreign companies?
    1. Free electricity
    2. Free transport.
    3. Less flexibility in labour laws.
    4. Foreign companies are demanding more flexibility in labour laws.
    View full solution →
    Q 65CASE BASED QUESTIONS [4M - ECONOMICS]4 Marks
    Read the source given below and answer the following questions:
    Ever since humans appeared on the earth, they have used different means of communication. But, the pace of change, has been rapid in modern times. Long-distance communication is far easier without the physical movement of the communicator or receiver. Personal communication and mass communication including television, radio, press, films, etc. are the major means of communication in the country.
    Mass communication provides entertainment and creates awareness among people about various national programmes and policies. It includes radio, television, newspapers, magazines, books and films. All India Radio (Akashwani) broadcasts a variety of programmes in national, regional and local languages for various categories of people, spread over different parts of the country. Doordarshan, the national television channel of India, is one of the largest terrestrial networks in the world. It broadcasts a variety of programmes from entertainment, educational to sports, etc. for people of different age groups.
    India publishes a large number of newspapers and periodicals annually. They are of different types depending upon their periodicity. Newspapers are published in about 100 languages and dialects. India is the largest producer of feature films in the world. It produces short films; video feature films and video short films. The Central Board of Film Certification is the authority to certify both Indian and foreign films.
    Answer the following MCQs by choosing the most appropriate option:
    1. What does AIR stand for?
    1. All India Radio.
    2. American Indian Radio.
    3. Asian Indo Radio.
    4. None of these.
    1. Which is the authority to certify both Indian and foreign films?
    1. Censorship Board.
    2. Central Board of Film Certification.
    3. Central Bureau of Certification.
    4. Central Board.
    1. Following are the features of mass communication, except:
    1. Mass communication includes television, radio, press, films, etc.
    2. It is one of the major means of communication in the country.
    3. It provides entertainment as well as creates awareness among the masses.
    4. It is a communication between person to person.
    1. Which is the largest terrestrial networks in the world?
    1. BBC.
    2. CNN.
    3. Doordarshan.
    4. Reuters.
    View full solution →
    Q 66CASE BASED QUESTIONS [4M - ECONOMICS]4 Marks
     Read the source given below and answer the following questions:
    Globalisation has been facilitated by several factors. Three of these have been highlighted: rapid improvements in technology, liberalisation of trade and investment policies and, pressures from international organisations such as the WTO. But with the development of an economy, environmental protection is also necessary. ln June 1992, more than 100 heads of states met in Rio-de-Janeiro in Brazil, for the first international Earth Summit. The summit was convened for addressing urgent problems of environmental protection and socio-economic development at the global level. The assembled leaders signed the Declaration on Global Climatic Change and Biological Diversity. The Rio Convention endorsed the global Forest Principles and adopted Agenda 21 for achieving Sustainable Development in the 21st century.
    Answer the following MCQs by choosing the most appropriate option:
    1. The so called first international Earth summit was convened for:
    1. Addressing urgent problems of environmental protection.
    2. Addressing socio-economic development at the global level.
    3. Both (a) and (b).
    4. None of these.
    1. The passage is mainly related to
    1. Globalisation and environment.
    2. Rio-de-Janeiro Earth Summit 1992.
    3. Sustainable development.
    4. Agenda 21.
    1. Agenda 21 is the flowchart of action to be taken by the assembled nations to:
    1. Achieve environmental protection.
    2. Fulfil the needs of future generations.
    3. Combat the hurdles that debar sustainable development.
    4. Attain socio-economic development at global level.
    1. The term used to achieve development without damaging the environment and without compromising with the needs of the future generations is:
    1. Socio-economic development.
    2. Agenda 21.
    3. Global environmental development.
    4. Sustainable development.
    View full solution →
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