Directions:- In the following questions, the Assertions (A) and Reason(s) (R) have been put forward. Read both statements carefully and choose the correct answer from the below:
(a)Both A and R are true, R is the correct explanation of A.
(b) Both A and R are true, But R is not the correct explanation of A.
(c) A is true , R is false.
(d) A is false , R is true
1.) Assertion (A) :- Ford Motors is an MNC.
Reason (R):- It is one of the world’s largest automobile manufacturers with production spread over 26 countries.
Answer- (a) Both A and R are true, R is the correct explanation of A.
2.) Assertion (A):- MNCs can exert a strong influence on product at distant locations
Reason (R):- MNCs set up partnership with local companies, use local companies for supplies, compete with local companies or buy them.
Answer- (a) Both A and R are true, R is the correct explanation of A.
3.) Assertion (A) :- Online shopping has become popular among people.
Reason (R) it destroyed domestic market.
Answer- (a) Both A and R are true, R is the correct explanation of A.
4.) Assertion (A):- Foreign trade and foreign investment are two main factors of Globalisation.
Reason (R) :-They are not playing any role in international market.
Answer- (c) A is true , R is false.
5.) Assertion (A): An MNC is a company that owns or controls production in more than one nation.
Reason (R): They set up their offices and factories for production in regions where they can get cheap labour and other resources.
Answer- (a) Both A and R are true, R is the correct explanation of A.
6.) Assertion (A):-Globalisation is related with only two countries.
Reason (R):- MNC s play major role in globalization.
Answer- (d) A is false , R is true
7.) Assertion (A):- People are attracted towards Chinese products.
Reason (R) They are cheaper and new designed.
Answer- (a) Both A and R are true, R is the correct explanation of A.
8.) Assertion (A):- Globalisation leads to increased competition in international and domestic market.
Reason (R):-Globalisation also makes the consumer better off as they have a wider variety of goods to choose at lower prices.
Answer- (a) Both A and R are true, R is the correct explanation of A.
9.) Assertion (A):- Foreign trade and foreign investment are two main factors of Globalisation.
Reason (R) :-They are not playing any role in international market.
Answer- (c) A is true , R is false.
10.) Assertion (A) :- Investment made by MNCs is called foreign investment.\
Reason (R):- They need land buildings ,machines and other equipments from that nation.
Answer- (a) Both A and R are true, R is the correct explanation of A.
11.) Assertion (A):- Rapid improvement in technology has been one major factor that has stimulated the globalization process.
Reason (R):- Developing countries are likely to become at par with developed countries in terms of technological development due to globalization.
Answer- (a) Both A and R are true, R is the correct explanation of A.
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