Question 1.
Foreign trade results in connecting the markets or integration of markets:
(а) In same countries
(b) In different countries
(c) In friendly countries
(d) None of the above

Answer
Answer: (b) In different countries
Foreign trade results in connecting the markets or integration of markets in different countries.

Question 2.
Foreign investments by MNCs in many countries have:
(a) been rising
(b) been decreasing
(c) remained the same
(d) none of the above

Answer
Answer: (a) been rising
It has been rising.

Question 3.
A large part of the foreign trade is also controlled by:
(a) The government
(b) By MNCs
(c) The people
(d) None of the above

Answer
Answer: (b) By MNCs
It is controlled by MNCs

Question 4.
Activities of most MNCs involve:
(a) goods and raw materials
(b) substantial goods and trade
(c) substantial trade in goods and services
(d) none of the above

Answer
Answer: (c) substantial trade in goods and services
Activities of most MNCs involve substantial trade in goods and services.

Question 5.
MNCs are playing a major role in:
(a) Production of goods
(b) Increasing investment
(c) Providing employment
(d) The globalisation process

Answer
Answer: (d) The globalisation process
MNCs are playing a major role in the globalisation process.

Question 6.
More regions of the world are in closer contact with each other:
(a) Than a few years back
(b) Than a few days back
(c) Than a few centuries back
(d) Than a few decades back

Answer
Answer: (d) Than a few decades back

Question 7.
Tele communication facilities have been facilitated by:
(а) Remote connection devices
(b) Remote communication devices
(c) Satellite communication devices
(d) None of the above

Answer
Answer: (c) Satellite
communication devices
It has been facilitated by satellite communication devices.

Question 8.
Information and communication technology has played a major role in spreading out:
(a) Production of goods across countries
(b) Production of raw materials across countries
(c) Production of services across countries
(d) None of the above

Answer
Answer: (c) Production of services across countries
It has helped production of services across countries.

Question 9.
Tax on imports is an example of:
(а) Tax barrier
(b) Export barrier
(c) Import barrier
(d) Trade barrier

Answer
Answer: (d) Trade barrier
It is an example of trade barriers.

Question 10.
The Indian government, after independence, had put barriers to:
(a) MNCs
(b) Import and export
(c) Foreign trade and foreign investment
(d) None of the above

Answer
Answer: (d) None of the above
It has put trade barriers to foreign trade and foreign investment.

Question 11.
Removing barriers or restrictions set by the government is known as:
(a) Globalisation
(b) Liberalisation
(c) Free trade
(d) All the above

Answer
Answer: (b) Liberalisation
It is known as liberalisation.

Question 12.
The number of countries that are currently members of the WTO are:
(a) 119
(b) 129
(c) 139
(d) 149

Answer
Answer: (d) 149

Question 13.
WTO rules have forced the developing countries to remove:
(a) Export
(b) Import
(c) Trade
(d) Trade barriers

Answer
Answer: (d) Trade barriers
WTO has forced developing countries to remove trade barriers.

Question 14.
Among producers and workers the impact of globalisation has:
(а) Been uniform
(b) Been mixed
(c) Not been uniform
(d) None of the above

Answer
Answer: (c) Not been uniform
It has not been uniform.

Question 15.
Fair globalisation would create opportunities for all, and also ensure that the benefits of globalisation are:
(a) Shared between the rich
(b) Shared between the poor
(c) Shared between the rich and poor
(d) Shared better

Answer
Answer: (d) Shared better
The benefits of globalisation are shared better.

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Quick Revision Notes : Globalisation

NCERT Solution :Globalisation

IMPORTANT QUESTION :Globalisation

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