ICSE/ISC Std 9 Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in

Question-1 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-2 Which of the following is NOT a driver of Globalisation?

(A) The fragmentation of consumer tastes between countries	(B)The competitive process
(C)Multinational companies successfully persuading governments to lower trading barriers	(D)The need to gain economies of scale

Question-3 When was privatization adopted in India?

(A) 1957	(B)1995
(C)19911991	(D)1926

Question-4 Globalisation refers to

(A) A more integrated and interdependent world	(B)Less foreign trade and investment
(C)Global warming	(D)Lower income

Question-5 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-6 One major government initiative to attract foreign companies to invest in India is

(A) To raise the standard of education	(B)To promote unemployment in the public sector
(C)To build special economic zones	(D)To promote village level programmes

Question-7 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-8 Foreign trade takes place in

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

Question-9 Globalisation integrates different countries:

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

Question-10 What is the main features of New Economic Policy?

(A) Liberalization	(B)Globalization
(C)Privatization	(D)All the above

Click here to see your answersheet and detailed track records.

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