Smartindia Classroom
CONTENTS
English I
Economics
Computer Application
Physics
Chemistry
Biology
Mathematics
History & Civics
Geography
English II
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Question-1
What are SEZs?
(A)
Special Economic Zones
(B)
Special Excise Zones
(C)
Special Export Zones
(D)
Special Experience Zones
Question-2
Globalisation refers to
(A)
A more integrated and interdependent world
(B)
Less foreign trade and investment
(C)
Global warming
(D)
Lower income
Question-3
Globalisation 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-4
Trade between countries
(A)
Determines prices of products in different countries
(B)
Decreases competition between countries
(C)
Makes a country dependent on the other
(D)
Country independent
Question-5
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-6
WTO aims at
(A)
Establishing rules for domestic trade
(B)
Restricting trade practices
(C)
Liberalizing international trade
(D)
Free trade
Question-7
Which of the following do NOT facilitate Globalisation?
(A)
Improvements in communications
(B)
Barriers to trade and investment
(C)
Immigration controls
(D)
Removal of controls on movement of capital across borders
Question-8
When was privatization adopted in India?
(A)
1957
(B)
1995
(C)
19911991
(D)
1926
Question-9
Name the organization which lay emphasis on liberalization or foreign trade and foreign investment in India.
(A)
WHO
(B)
WTO
(C)
UNESCO
(D)
UNICEF
Question-10
Why do the MNCs make investments?
(A)
To increase their assets
(B)
For their own benefit
(C)
For the benefit of the foreign countries
(D)
For the welfare of the poor people
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Std 9
ICSE/ISC
Practice in Related Chapters
Consumer Awareness
Infrastructure of the Indian Economy
Basic Concepts of Economics
An Overview of Indian Economy
Globalisation
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