Chapter 4 Globalisation and the Indian Economy Important Questions

Chapter 4 Globalisation and the Indian Economy explores how global integration impacts the Indian market, economy, and employment. These extra questions help Class 10 students understand concepts like MNCs, trade barriers, liberalization, SEZs, and WTO. Perfect for CBSE exam preparation with focused practice on key topics and concepts.

 

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GLOBALISATION CLASS 10 Assignments

1. Multiple Choice Questions (MCQs)

1. What is a multinational company?
    a. Only in India
    b. Production in India
    c. Production & distribution in more than one country ✅
    d. Situated outside India
   
   
2. Investment made by MNCs is called:
    a. Investment
    b. Foreign trade
    c. Foreign investment ✅
    d. Disinvestment
   
   
3. Which country is BEST for MNC setup?
    a. Culture-rich
    b. High-interest loans
    c. Educated, low-wage workforce ✅
    d. Religion-based trade rules
   
   
4. Which is NOT globalization?
    a. Google with global offices
    b. Indian Railways ✅
    c. McAloo Tikki
    d. Masala dosa in Spain
   
   
5. Basic factor that enables globalization:
    a. Technology ✅
    b. Human resources
    c. Trade
    d. All of the above
   
   
6. Identify correct statements:
    a. I & II ✅
    b. II & III
    c. I & III
    d. II & IV
   
   
7. Tax on imports is an example of:
    a. Quotas
    b. Trade barrier ✅
    c. Investment
    d. Disinvestment
   
   
8. Year of New Economic Policy (liberalization):
    a. 1980
    b. 2000
    c. 1994
    d. 1991 ✅
   
   
9. Liberalization is:
    a. More trade
    b. Removing restrictions by the government ✅
    c. Checking barriers
    d. Government help
   
   
10. Which policy could act as a trade barrier?
     a. Export subsidies
     b. Simplifying customs
     c. Higher tariffs on imports ✅
     d. Promoting fairer trade
    
    
11. Which international agency allows free trade?
     a. WTO ✅
     b. IMF
     c. UPU
     d. FAO
    
    
12. SEZs stand for:
     a. Special electricity zones
     b. Southern electricity zones
     c. Special economic zones ✅
     d. None
    
    
13. Which statement about globalization is correct?
     a. Only way for economic development
     b. Only production-based
     c. Always positive
     d. Spreads tech, culture, diseases ✅
    
    
14. Equal benefit from trade is called:
     a. Internationalization
     b. Fair globalization ✅
     c. Liberalization
     d. Equal globalization
    
    
15. Impacts of opening foreign trade:
     a. 1 & 2
     b. 1, 2 & 3 ✅
     c. All statements
     d. Only 4
    
    

3. Match the Following

Column A	Column B
i. MNCs buy at cheap rates from small producers	b. Garments, footwear, sports items
ii. Quotas and taxes to regulate trade	e. Trade barriers
iii. Indian companies invested abroad	d. Tata Motors, Infosys, Ranbaxy
iv. IT and services	c. Call centers
v. MNCs in India production units	a. Automobiles

4. Descriptive Questions (Short/Long Answer)

1. What are multinational corporations (MNCs)?
2. How are MNCs different from other companies? (with example)
3. Differentiate between investment and foreign investment.
4. How are local companies benefited by collaborating with MNCs?
5. Most common route for MNC investment?
6. How do MNCs spread production across the world?
7. What is foreign trade and how does it integrate markets?
8. What is globalization? Role of MNCs in promoting it?
9. Describe the role of technology in globalization.
10. What is a trade barrier? Why did India use them post-independence?
11. How is import tax acting as a trade barrier?
12. Define liberalization. Why did India start liberalization in 1991?
13. What is the main aim of WTO? Mention its functions.
14. Assess the positive and negative impact of WTO on Indian economy.
15. “Globalization helps consumers” – justify with examples.
16. Harmful effects of MNCs on host countries.
17. Analyze the impact of globalization (positive & negative).
18. What is SEZ? Mention two features.
19. How is India attracting foreign investment?
20. What is meant by fair globalization?
21. How can the government make globalization fair?