Smartindia Classroom
CONTENTS
Geography
Economics
Political Science
History
Statistics
Back to home
Start Practice
Question-1
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-2
What are SEZs?
(A)
Special Economic Zones
(B)
Special Excise Zones
(C)
Special Excise Zones
(D)
Special Experience Zones
Question-3
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-4
When was privatization adopted in India?
(A)
1957
(B)
1995
(C)
1991
(D)
1926
Question-5
Globalization integrates different countries:
(A)
Through foreign trade
(B)
Through foreign investment
(C)
Through foreign investment
(D)
All the above
Question-6
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-7
IBRD was set up in
(A)
1983
(B)
1844
(C)
1948
(D)
1944
Question-8
The main inconvenience of barter system was
(A)
Transactions were many and complex
(B)
Lack of double coincidence of wants
(C)
The intermediate commodity need not be familiar
(D)
Prevalence of domestic system
Question-9
Technology transfer has been taking place on a large scale through
(A)
Licensing agreements and joint ventures
(B)
Choice of ownership structure
(C)
Simplification of procedures
(D)
Increasing degree of openness in respect of international trade
Question-10
WTO aims at
(A)
Establishing rules for domestic trade
(B)
Restricting trade practices
(C)
Liberalizing international trade
(D)
Free trade
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
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
Powered By
