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 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-2 The foreign investment includes

(A) Foreign direct investment	(B)Financial investment
(C)Domestic investment	(D)Indirect investment

Question-3 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-4 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-5 A nation’s real strength is reflected in its

(A) Agriculture	(B)Export
(C)Import	(D)Industrial development

Question-6 In the domestic economy major reforms were undertaken in the _______ sector.

(A) Industrial Sector	(B)Service Sector
(C)Tertiary Sector	(D)Service Sector

Question-7 Which country announced the New Economic policy?

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

Question-8 Which of the following is referred to as a predecessor to WTO?

(A) OPEC	(B)IMF
(C)World Bank	(D)GATT

Question-9 The productive capacity of a nation is represented by the progress of

(A) Agriculture	(B)Infrastructure
(C)Export	(D)Industries

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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