π§Ύ E-Pathshala Test Paper
Class: 10th
Subject: Economics
Chapter: Globalisation and the Indian Economy
Maximum Marks: 50
Time: 1 Hour
Section β A: Objective Type Questions (20 Marks)
A. Multiple Choice Questions (8 Γ 1 = 8 Marks)
(Choose the correct option)
- The investment made by multinational companies is known as β
a) Expenditure
b) Foreign Investment
c) Production
d) Distribution - Which among the following Indian company is rising as a multinational company?
a) Asian Paints
b) Ranbaxy
c) Tata Motors
d) All the above - What is the contribution of agriculture in the Gross Domestic Product of India?
a) 1%
b) 2%
c) 3%
d) 5% - In which of the following sectors India has not been benefitted much by globalisation?
a) Industrial sector
b) Trade sector
c) Transportation sector
d) Agriculture sector - Which year is known for the beginning of globalisation in India?
a) 1981
b) 1986
c) 1991
d) 1995 - The past two decades of globalisation have been reported movement in β
a) Goods, services, and people between countries
b) Goods, services, and investment between countries
c) Goods, investment, and people between countries
d) None of these - The most common route for investment by MNCs in countries around the world is to β
a) Set up new factories
b) Buy existing local companies
c) Form partnership with local companies
d) Sell shares in the share market - Globalisation has led to improvement in living conditions of β
a) None of the above
b) All the people
c) People in developed countries
d) Workers in the developing countries
B. Fill in the blanks (4 Γ 1 = 4 Marks)
- The money spent for the purchase of assets is known as __________.
- Connecting the markets of different countries is called __________.
- An example of __________ is tax on import.
- Companies that produce in different countries are called __________.
C. True or False (4 Γ 1 = 4 Marks)
- Globalisation has improved the living conditions of all people.
- If some tax is imposed on imports, then it is called trade barrier.
- Globalisation has not benefitted the poor much in India.
- Urbanisation is the main feature of the new economic system.
D. Match the Column (6 Γ 1 = 6 Marks)
| Column βAβ | Column βBβ |
|---|---|
| 1. New economic policy was implemented in India | a) 1995 |
| 2. Ford Motors set up plant in India | b) Near Chennai |
| 3. Ford Motors arrived in India | c) Ranbaxy |
| 4. Indian company investing abroad | d) 1991 |
| 5. Motor car industry | e) Gurugram |
| 6. Electronic capital | f) Bengaluru |
Section β B: One Word Answer Type Questions (2 Γ 5 = 10 Marks)
- Write full form of WTO and what is the aim of it?
- Name any three Multinational Companies.
Section β C: Very Short & Short Answer Type Questions (4 Γ 5 = 20 Marks)
- Define MNC. Where is this company established? Name some MNCs.
- What is Cooperative Industry? Explain with example.
- βThe impact of globalisation has not been uniform.β Explain this statement.
- What do you mean by Globalisation?
β Total = 50 Marks