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


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Question-1 Who controlled the financial sector in India?

(A) State Bank Of India	(B)World Bank
(C)Reserve Bank Of India	(D)Co-operative Banks

Question-2 What are the important outcomes of the globalization process?

(A) Outsourcing	(B)Financing
(C)Decision taking	(D)Exporting

Question-3 The WTO was born out of negotiations in which round of the GATT?

(A) Geneva Round	(B)Torquay Round
(C)Tokyo Round	(D)Uruguay Round

Question-4 The new industrial policy was announced in

(A) 1980	(B)1984
(C)1991	(D)2001

Question-5 Which country announced the New Economic policy?

(A) India	(B)Britain
(C)Germany	(D)China

Question-6 Which of the following is not an aspect of privatization?

(A) Dis- investment of public sector units	(B)Handing over management of public sector units to private firms
(C)Opening up of sectors, which are hitherto reserved for public sector to private sector	(D)De licensing of private industrial units

Question-7 Privatization refers to

(A) The sale of privately owned businesses to the government sector	(B)The sale of public companies to the private sector
(C)The sale of corporately owned businesses to individuals	(D)All the above

Question-8 The process of industrialization is the essential pre- requisite for

(A) Generating employment	(B)Inducing investment
(C)Achieving economic development	(D)Increasing per capita income

Question-9 Which of the following were the aims behind the setting up of the World Trade Organization (WTO)?
1. Promotion of free trade and resources flows across the countries
2. Protection of Intellectual Property Rights
3. Managing balanced trade between different countries
4. Promotion of trade between the former East Bloc Countries and the Western World
Select the answer by using the codes given below:

(A) 1,2 and 4	(B)1 and 2
(C) 2 and 3	(D)1 and 4

Question-10 (A) Globalization has created new opportunities of employment and emerging multinationals
(B) A ready measure of the extent of globalization of the good market of India is provided by the share of imports and exports in overall output
Select the correct answer using the following codes:

(A) Only A is true	(B) Both A and B are true
(C) A is true but B is false	(D)A is false but B is true

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Plus 1 Humanities

Tamil Nadu (English Medium)

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