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 When was privatization adopted in India?

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

Question-2 Trade between countries

(A) Determines prices of products in different countries	(B)Determines prices of products in different countries
(C)Makes a country dependent on the other	(D)Country independent

Question-3 What are SEZs?

(A) Special Economic Zones	(B)Special Excise Zones
(C)Special Excise Zones	(D)Special Experience Zones

Question-4 Globalization integrates different countries:

(A) Through foreign trade	(B)Through foreign investment
(C)Through foreign investment	(D)All the above

Question-5 IBRD was set up in

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

Question-6 Globalization can create problems for business because

(A) It can result in more competition	(B)It increases vulnerability to political risk and uncertainty when operating abroad
(C)It means that they can increase prices	(D)It means that they can decrease prices

Question-7 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

Question-8 Foreign trade takes place in

(A) Between two or more countries	(B)Between states of a countries
(C)Within the states of a country	(D)Union territories

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 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

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Plus 1 Humanities

Tamil Nadu (English Medium)

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