Globalisation And The Indian Economy Question MCQ
Globalisation And The Indian Economy MCQ Question 11. Companies who set up production units in the Special Economic Zones (SEZs) do not have to pay taxes for an initial period of:
(a) 2 years
(b) 5 years
(c) 4 years
(d) 10 years
Answer
Answer: b
MCQ On Globalization Pdf Question 12. It refers to the globalisation which creates opportunities for all and ensures that its benefits are better shared.
(a) Privatisation
(b) Special Economic Zones (SEZs)
(c) World Trade Organisation (WTO)
(d) Fair globalisation
Answer
Answer: d
Globalisation MCQ Question 13. An MNC is a company that owns or controls production in
(a) one country
(b) more than one country
(c) only developing countries
(d) only developed countries
Answer
Answer: b
MCQ Of Chapter Globalisation And Indian Economy Question 14. The process of rapid integration or interconnection between countries through free trade, free mobility of capital and labour is called
(a) Foreign trade
(b) Liberalisation
(c) Globalisation
(d) Privatisation
Answer
Answer: c
Objective Type Questions On Globalization Question 15. What was the main channel connecting countries in the past?
(a) Labour
(b) Religion
(c) Technology
(d) Trade
Answer
Answer: d
Multiple Choice Questions On Globalisation Question 16. ‘The impact of Globalisation has not been fair.’ Who among the following people have not benefitted from globalisation?
(a) Well off consumers
(b) Small producers and workers
(c) Skilled and educated producers
(d) Large wealthy producers
Answer
Answer: b
Economics Chapter 4 MCQ With Answers Question 17. What is the main motive behind the investments of MNCs?
(a) The main motive is to increase their assets and earn profits.
(b) The main motive is the welfare of the poor people.
(c) The main motive of an MNCs is to offer financial support to the government of their country.
(d) The main motive is to benefit foreign countries.
Answer
Answer: a
MCQs On Globalisation Question 18. “MNCs keep in mind certain factors before setting up production”. Identify the incorrect option from the choices given below
(a) Availability of cheap skilled and unskilled labour
(b) Proximity to markets
(c) Presence of a large number of local competitors
(d) Favourable government policies
Answer
Answer: c
Globalization MCQs With Answers Question 19. WTiich Indian company was bought over by Cargill Foods—a large American MNC? Pick out the name from the alternatives provided
(a) Amul
(b) Fun Foods Ltd.
(c) Agro Tech Foods Ltd.
(d) Parakh Foods
Answer
Answer: d
MCQ On Economics With Answers Question 20. WTiich organisation supports liberalisation of foreign trade and investments in India?
(a) International Labour Organisation (ILO)
(b) World Bank
(c) World Trade Organisation (WTO)
(d) International Monetary Fund (IMF)
Answer
Answer: c
