Q1 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.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans A Both A and R are true, and R is the correct explanation of A.

Q2 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.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans A Both A and R are true, and R is the correct explanation of A.

Q3 Assertion (A): Online shopping has become popular among people. 

Reason (R): It destroyed the domestic market.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans A Both A and R are true, and R is the correct explanation of A.

Q4 Assertion (A): Foreign trade and foreign investment are two main factors of Globalisation. 

Reason (R): They are not playing any role in the international market.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans C A is true but R is false.

Q5 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.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans A Both A and R are true, and R is the correct explanation of A.

Q6 Assertion (A): Globalisation is related to only two countries. 

Reason (R): MNC s play a major role in globalization.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans D A is false but R is true.

Q7 Assertion (A): People are attracted towards Chinese products. 

Reason (R): They are cheaper and new designed.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans A Both A and R are true, and R is the correct explanation of A.

Q8 Assertion (A): Globalisation leads to increased competition in the 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.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans A Both A and R are true, and R is the correct explanation of A.

Q9 Assertion (A): Investment made by MNCs is called foreign investment.

Reason (R): They need land, buildings ,machines and other equipments from that nation.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans A Both A and R are true, and R is the correct explanation of A.

Q10 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.

Options: 

A Both A and R are true, and 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 but R is false. 

D A is false but R is true.

Ans A Both A and R are true, and R is the correct explanation of A.