Question 1.
After the war, Britain borrowed large sums of money from:
(a) China and India
(b) German banks and German public
(c) Russian banks and Russian public
(d) US banks and US public

Answer
Answer: (d) US banks and US public.
Britain lost heavily during the war, and thus after the war it borrowed large sums of money from US banks and US public.

Question 2.
When Britain was pre-occupied with war, industries had developed in:
(a) India and Japan
(b) India and China
(c) Japan and Korea
(d) Japan and China

Answer
Answer: (a) India and Japan.
When Britain was busy in the war, many industries developed in India and China.

Question 3.
Before the war, eastern Europe was a major supplier of:
(a) Rice in the world market
(b) Wheat in the world market
(c) Tea in the world market
(d) None of the above

Answer
Answer: (b) Wheat in the world market.
Wheat was mostly grown in eastern Europe and before the war, eastern Europe was a major supplier of wheat in the world.

Question 4.
The US economy resumed its strong growth in the early:
(a) 1920s
(b) 1930s
(c) 1940s
(d) 1950s

Answer
Answer: (a) 1920s
By the 1920s, the US economy resumed its strong growth.

Question 5.
A well-known pioneer of mass production was the:
(a) Car manufacturer General Motors
(b) Motorcycle manufacturer Honda
(c) Car manufacturer Henry Ford
(d) None of the above

Answer
Answer: (c) Car manufacturer Henry Ford.
A well-known pioneer of mass production was the car manufacturer Henry Ford.

Question 6.
Fordist industrial practices was widely copied in Europe in the:
(a) 1940s
(b) 1930s
(c) 1920s
(d) 1910s

Answer
Answer: (c) 1920s
In the 1920s, Fordist industrial practices was widely copied in Europe.

Question 7.
Car production in the US rose from in 1919 to more than in 1929:
(a) 5 million, 4 million
(b) 3 million, 5 million
(c) 4 million, 5 million
(d) 2 million, 5 million

Answer
Answer: (d) 2 million, 5 million.
Car production in the US rose from 2 million in 1919 to more than 5 million in 1929.

Question 8.
The Great Depression began around 1929 and lasted till the:
(a) Mid-1940s
(b) Mid-1980s
(c) Mid-1950s
(d) Mid-1920s

Answer
Answer: (b) Mid-1980s
The Great Depression began around 1929 and lasted till the mid-1980s.

Question 9.
By 1933 over 4,000 banks had closed and between 1929 and 1932 about:
(a) 1,00,000 companies had closed
(b) 2,00,000 companies had closed
(c) 1,10,000 companies had closed
(d) 2,10,000 companies had closed

Answer
Answer: (c) 1,10,000 companies had closed.
By 1933 over 400 or banks had closed and between 1929 and 1932. 1,10,000 companies had closed due to the Great Depression.

Question 10.
Mahatma Gandhi launched the Civil Disobedience Movement at the height of the depression in:
(a) 1931
(b) 1941
(c) 1951
(d) 1961

Answer
Answer: (a) 1931
At the height of the Depression, Mahatma Gandhi launched the Civil Disobedience Movement in 1931.

Question 11.
The country that had made huge sacrifices to defeat Nazi Germany was:
(a) USA
(b) Japan
(c) Soviet Union
(d) England

Answer
Answer: (c) Soviet Union
Soviet Union had made huge losses and sacrifice to defeat Nazi Germany.

Question 12.
The Financial Conference of July, 1944 was held at:
(a) Bretton Woods in New York, USA
(b) Bretton Woods in Sydney, Australia
(c) Bretton Woods in Tokyo, Japan
(d) Bretton Woods in New Hampshire, USA

Answer
Answer: (d) Bretton Woods in New Hampshire, USA
The Financial Conference of July, 1944 was held at Bretton Woods in New Hampshire, USA.

Question 13.
The IMF and the World Bank commenced financial operations in:
(a) 1927
(b) 1937
(c) 1947
(d) 1957

Answer
Answer: (c) 1947
In 1947, the IMF and the World Bank commenced financial operations.

Question 14.
The dollar was anchored to gold at a fixed price of:
(a) $ 25 per ounce of gold
(b) $ 30 per ounce of gold
(c) $ 35 per ounce of gold
(d) $ 40 per ounce of gold

Answer
Answer: (c) $ 35 per ounce of gold
The dollar was anchored to gold at a fixed price of $ 35 per ounce of gold.

Question 15.
China had been cut off from the post-war world economy since its revolution in:
(a) 1946
(b) 1947
(c) 1948
(d) 1949

Answer
Answer: (d) 1949
China had been cut off from the post-war world economy since its revolution in 1949.

Important Link

Quick Revision Notes : The Making of a Global World

NCERT Solution : The Making of a Global World

IMPORTANT QUESTION : The Making of a Global World

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