Tamil Nadu (English Medium) Plus 1 Humanities Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1 The decision to start IMF was taken at

(A) Round-table conference	(B)Geneva conference
(C)Bretton woods conference	(D)Uruguay Round

Question-2 Globalization means

(A) Integration of the economy with world economy	(B)Increasing degree of openness in respect of international trade
(C)Process of transformation of the world in to a single economic unit	(D)All the above

Question-3 IBRD was set up in

(A) 1983	(B)1844
(C)1948	(D)1944

Question-4 Why do the MNCs make investments?

(A) To increase their assets	(B)To increase their assets
(C)For the benefit of the foreign countries	(D)For the welfare of the poor people

Question-5 What steps can the government take to ensure that the benefits of globalization are shared better?

(A) To ensure the proper implementation of labour laws	(B)To support small producers to improve their performance
(C)Using the trade and investment barriers, if necessary	(D)All the above

Question-6 What is the main features of New Economic Policy?

(A) Liberalization	(B)Globalization
(C)Privatization	(D)All the above

Question-7 What is the main feature of New Economic Policy?

(A) Liberalization	(B)Globalization
(C)Privatization	(D)All of these

Question-8 When was privatization adopted in India?

(A) 1957	(B)1995
(C)1991	(D)1926

Question-9 The most dominant group in the World Trade Organization (WTO) is of

(A) Developing countries	(B)Developed countries
(C)Countries of the middle east	(D)Asian countries

Question-10 Which one of the following is a basic function of foreign trade?

(A) It flourishes trade in the domestic market	(B)Goods and services are produced for internal market
(C)Goods and services are produced for internal market	(D)Investment is done to expand the trade within the domestic markets

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Plus 1 Humanities

Tamil Nadu (English Medium)

Practice in Related Chapters
Economic Growth and Development
Population
Poverty and Unemployment
Economic Planning
Banking
Agriculture
Measures of Variability
Statistical Analysis and Measures of Central Pendency
Human Resource Development
Foreign Trade
Industrial Sector
National Income