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K. SURESH
Writer
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ANSWERS
1. B. 2. D. 3. B. 4. C. 5. D. 6. B. 7. A. 8. A. 9. D. 10. C. 11. A.
12. D. 13. B. 14. B. 15. D. 16. B. 17. B. 18. B. 19. A. 20. C.
21. B. 22. D. 23. A. 24. B. 25. B. 26. A. 27. B. 28. D. 29. B
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1. B 2. B 3. D 4. B 5. C 6. C 7. A 8. A 9. B 10.D 11. B
12. D 13. A 14. C 15. B 16. A 17. C 18. B 19. A 20. C
21. B 22. A 23. B 24. B 25. B 26. A 27. D 28. C 29. C 30.
A 31. B 32. D 33. D 34. C 35. B 36. A
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1. C. 2. A. 3. C. 4. A. 5. C. 6. A. 7. A. 8. A. 9. C. 10. B. 11.
D. 12. C. 13. A. 14. B. 15. A. 16. B. 17. D. 18. C. 19. C. 20.
D. 21. C. 22. A. 23. B. 24. A. 25. B. 26. A. 27. D. 28. C. 29.
A. -30.
B 31. A 32. A 33. A 34. A 35. B 36. B 37. A
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1. A. 2. A. 3. C. 4. A. 5. A. 6. B. 7. C. 8. A. 9. C. 10. C.
11. C. 12. B. 13. C. 14. A. 15. B. 16. B. 17. A. 18. D. 19.
B. 20. A. 21. A. 22. D. 23. A. 24. C. 25. C. 26. C. 27. A.
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28. C.- 29.
A. 30. A. 31. B 32. D 33. D 34. C 35. A 36. D
ANSWERS
1. D. 2. D. 3. A. 4. A. 5. A. 6. A. 7. A. 8. B. 9. A. 10. A.
11. A. 12. C. 13. B. 14. A. 15. C. 16. A. 17. B. 18. D. 19.
D. 20. A. 21. B. 22. B. 23. A. 24. C. 25. A. 26. B. 27. B.
28. C. 29. A. 30. C. 31. 32. B.
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1. A. 2. A. 3. C. 4. C. 5. A. 6. A. 7. C. 8. B. 9. C. 10. D.
11. D. 12. A. 13. A. 14. D. 15. A. 16. A. 17. A. 18. B. 19.
A. 20. A. 21. A. 22. C. 23. A. 24. A. 25. A. 26. D. 27. A.
28. A. 29. D. 30. C. 31. B. 32. A 33. B 34. D 35. A 36. A
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CHAPTER 10 GLOBALISATION
1. Removing barriers by the government is ___
20. Globalisation created new opportunities for ( )
( )
(A) liberalisation
(B) Trade
companies providing ____ particularly those
(C) Free trade
(D) investment
involving IT.
2. Ford Motors is connected with _______ . ( )
(A) Services (B) Exchanges (C) Sales (D) All
(A) Mahindra & Mahindra (B) Hindustan Machine
21. Improvement in _____ has been one major ( )
(C) Tata Motors (D) Maruthi
factor that has stimulated the globalisation.
3. MNC choose to set up production in the areas of
(A) Labour (B) Land (C) Capital (D) Technology
(A) Economic sustainability (B) Cheap goods ( ) 22. People with education, skill and wealth have ( )
(C) Cheap labour resources (D) Scenic beauty
made the best use of the new _____ .
4. _____ is the process of integration of countries.
(A) Opportunities (B) Methods (C) Measures (D) All
(A) Globalisation (B) integration (C) growth (D) All
23. Though WTO is supposed to allow free trade, it
5. Cargill is the largest producer of ___ in India.
is seen that the _____ have unfairly retained
( )
(
)
(A) Petrol (B) Crude oil (C) Edible oil (D) None
trade barriers.
( )
6. International organisation
(A) Under developed nations (B) Developed nations
1. WTO 2. WB 3. IMF
(C) Developing nations (D) None
(A) 1 only (B) 2 only (C) 2 and 3 (D) All
24. 19th century witnessed an accelerated pace of
7. Cargill foods bought over ____ Indian company.
foreign trade, foreign investment and _____ .( )
(A) Parakh Foods (B) Dabur (C) Vatika (D) Britania
(A) Labour Migration (B) Capital Migration
8. _____ is a major change that occurred across
(C) Executive Migration (D) None
(
)
the globe in the late 20th century.
25. The production process is divided into small
( )
(A) Privatisation
(B) Globalisation
parts and spread out _______ .
(C) Industrialisation (D) None
(A) Across the world (B) Across the country
9. Trade was the main channel connecting _____ .
(C) Among the states (D) None
( )
( ) 26. Trade barrier ________.
(A) distant countries (B) distant states
(C) distant cities (D) distant towns
(A) Interest (B) Investment (C) Tax (D) Loan
( ) 27. The most common route for investment by ( )
10. Geneva is located in_______ .
(A) Italy (B) Switzerland (C) England (D) India
MNCS in countries around the world is to ____ .
11. This company has branches in many nations.
(A) Form partnership with local companies
(A) Global (B) Joint stock (C) Corporate (D) MNCs
(B) Buy existing local companies
12. Liberalisation in India was started around ___ .
(C) Set up new factories. (D) none
( ) 28. The main destination of Indian indentured ( )
(A) 1991 (B) 1981 (C) 1971 (D) 1961
13. ______ play a major role in the globalisation.
migrants were the ____ Fiji, Malaya, Ceylon,
(A) MNCs (B) Industries (C) Companies (D) None
Mauritius etc.
14. The money that MNCS spent to buy assets ( )
(A) Caribbean islands (B) Indonesia
such as land, buildings, machines and other
(C) Finland (D) Maldives
equipment is called _____ .
29. Many MNCS are investing in China because ( )
(A) Government Investment (B) Foreign Investment
(A) The taxes are low (B) Import quotas are low
(C) Owners Investment (D) None
(C) Provides cheap labour
( )
15. SEZs are setup by _____ .
(D) It provides cheap manufacturing location
(A) Local companies(B) Governments
30. The advantage of arrival of Multi National ( )
(C) Indian companies (D) Multinational companies
Companies is _____.
( )
16. The aim of WTO is ___ .
(A) Employment opportunities for the people
(A) Restrictions on trade (B) Providing health
(B) Costly goods available at lower prices
(C) Liberalise international trade (D) None
(C) Transportation facilities (D) All the above.
( )
17. _____ monitors the liberalized policies of trade. 31. The criteria for MNC setup:
( )
(A) WTO (B) WHO (C) ILO (D) FAO
(A) Proximity to the markets (B) Availability of labour
18. The impact of globalisation is
(C) Government Policies (D) All the above.
(A) Greater choice and high quality (B) Low prices
ANSWERS
and low quality (C) Lesser choices and high prices
( )
1.A. 2. A. 3. A. 4. A. 5. C. 6. D. 7. A. 8. B. 9. A. 10. B.
(D) Low quality and high prices
11. D. 12. A. 13. A. 14. B. 15. D. 16. C. 17. A. 18. A. 19.
19. A large part of _____ is controlled by MNCS.
( ) A. 20. A. 21. D. 22. A. 23. B. 24. A. 25. A. 26. C. 27. B.
(A) Foreign trade (B) Foreign investment
(C) Government (D) None
GURUDEVA.COM - NEW 28. A. 29. D. 30. D. 31. D.
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ANSWERS
1. B. 2. D. 3. C. 4. A. 5. D. 6. A. 7. A. 8. C. 9. C. 10. A.
11. C. 12. B. 13. B. 14. A. 15. C. 16. A. 17. C. 18. A. 19. B.
20. D. 21. D. 22. B. 23. B. 24. B. 25. C. 26. A. 27. A. 28. C.
29. A. 30. C. 31. B. 32. C. 33. D. 34. A. 35. C. 36. C. 37. A.
38. D. 39. D. 40. B. 41. A. 42. A. 43. D.
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ANSWERS
1. B. 2. A. 3. C. 4. D. 5. B. 6. B. 7. A. 8. D. 9. D. 10. B.
11. D. 12. C. 13. C. 14. D. 15. A. 16. B. 17. D. 18. B. 19.
C. 20. B. 21. B. 22. C. 23. A. 24. B. 25. A. 26. C. 27. B.
28. B. 29. D. 30. A. 31. C. 32. C. 33. D. 34. C. 35. C.
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Narendra Modi
Prime Minister of
India
Sumitra Mahajan
Speaker of the Lok
Sabha
M Venkaiah Naidu
Pusapati Ashok
Prakash Javadekar
Arun Jaitley
Minister of Finance,
Corporate Affairs
Suresh Prabhu
Y. Sujana Chowdary Justice H. L. Dattu
Minister of Railways Science and Technology, National Human Rights
Earth Science.
Commission of India
Ministers of State
Urjit R. Patel
Dileep Babasaheb
Bhosale
Chief justice of High
Court (A.P.)
Human Resource
Development
Bandaru Dattatreya
Nirmala Sitharaman
Justice T. S. Thakur
Amitabh Kant
Nasim Zaidi
NITI Ayog
Chairperson
Y. Ramakrishnudu
N. Chinna Rajappa
ESL Narasimhan
Governor of (A.P.) &
(T.S.)
Peethala Sujatha,
Women Empowerment
Child Welfare and Disabled &
Senior Citizens Welfare
Mines & Geology
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