(a) of all the people 9. Question 21. (b) Investment (ii) The most common route for investments by MNCs in countries around the world is to All the above factors are beneficial of MNCs, Question 25. [CBSE (CCE) 2012] Answer: (a) been rising (b) Increasing subsidy on fertilisers Next Prev Home. Question 18. NCERT Books. (b) Poor countries (d) Privatization, 10. 10:14. Who … All numerical problems are framed well and solved accurately in NCERT Class 10 Maths Chapter 4 solution. (c) form partnerships with local companies. Need any support from our end during the preparation of Globalisation and the Indian Economy Class 10 MCQs Multiple Choice Questions with Answers then leave your comments below. Investment made by MNCs are termed as: [CBSE (CCE)2012] NCERT CBSE latest book edition solutions. Question 4: What are the various ways in which MNCs set up, or control, production in other countries? Globalisation, by connecting countries, shall result in (d) 21 million, 37. (а) Remote connection devices (b) Globalisation They can buy anything of their choice costly or cheap. [Delhi, 2012] Use MCQ Questions for Class 10 Maths with Answers during preparation and score maximum marks in the exam. In short, revising the entire chapter becomes easy … (а) Tax barrier Question 17. MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers September 29, 2020 September 29, 2020 / By Prasanna Students who are searching for NCERT MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers Pdf free download are compiled here to get good practice on all fundamentals. The chapter focusses on different kinds of development such as social development, economic development and political development. (c) Providing employment Question 6: “The impact of globalisation has not been uniform.” Explain this statement. Answer: Liberalisation of trade and investment policies has helped the globalisation process by making foreign trade and investment easier. If you have any query regarding NCERT Solutions for Class 10 Social Science Economics Chapter 1 Development , drop a comment below and we will get back to you at the earliest. After assuring above conditions, MNCs set up factories and offices for production. The advantage of spreading out production across the borders by the multinationals can be truly immense. Consumer : Consumer is the one who pays a price for a commodity or service and uses it. (b) Information technology As the small industries in India employ the largest number of workers (20 million) in the country, next only to agriculture, it has hurt the development. (a) Raw materials Answer: (b) Liberalisation (a) Removal of trade barriers Removing barriers or restrictions set by the government is called: [CBSE (CCE) 2012] (a) The government Practise with our expert solutions to find out whether globalisation has benefitted the developing countries or not. Download NCERT Solutions for Class 10 Economics - Understanding Economic Development textbook in form of chapter-wise PDF. 10. It has been facilitated by satellite communication devices. It has collaborated with Mahindra and Mahindra. Students who are searching for NCERT MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers Pdf free download are compiled here to get good practice on all fundamentals. It is Cargill. (c) (iii) and (iv) (d) World Trade Organisation. (c) Parakh foods (a) They do not have to pay taxes for long period. (a) MNCs The MNCs not only sell their finished products globally, but the goods: Answer: (b) In different countries Globalisation has enabled some large Indian companies to emerge as multinationals themselves! 18. (c) And services are produced globally It follows the latest instructions and guidelines announced by the NCERT. (a) A large company (c) of workers in the developing countries (a) Rich countries Consumer Rights Class 10 Economics Notes. Rapid integration or interconnection between countries is known as 8. Question 9. (a) Foreign companies Question 24. 14. 15. (b) Import Foreign investments by MNCs in many countries have: (c) Communication technology NCERT Solutions for Class 9 Social Science Economics Chapter 4 Food Security in India (Hindi Medium) These Solutions are part of NCERT Solutions for Class 9 Social Science in Hindi Medium.Here we have given NCERT Solutions for Class 9 Social Science Economics Chapter 4 Food Security in India. Which one of the following Indian industries has been hit hard by globalisation? Here you can get free NCERT Solutions for Class 10 Social Science, Economics of Chapter 4 Globalization and the Indian Economy. 4. (a) Medicines W.T.O. (c) Liberalisation Benefit to the local company of joint production with MNCs is Fair globalisation would create opportunities for all, and also ensure that the benefits of globalisation are: Download NCERT Solutions for Class 10 Economics, Get free Class 10 Economics solutions for questions for all chapters in Class 10 Economics solved by best teachers as per latest NCERT (CBSE) book syllabus and guidelines. 12. MNCs in developed countries place orders for production with small producers of developing countries for various products such as garments, footwear. (a) 2 years (2) Starting around 1991, the government wished to remove the barriers due to reasons as mentioned below : Thus, barriers to foreign trade and foreign investment were removed. (a) MNCs NCERT Solutions for Class 10 Economics Chapter 1- Development is provided on this page. Thus, the government allowed imports of only essential items such as machinery, fertilizers, and petroleum. (c) Than a few centuries back Question 16. This means there is increasing ______________ with other countries. (b) Are sold in the same country Cargill Foods, a very large American MNC, has bought over smaller Indian companies such as (d) Privatisation. Question 3: How would flexibility in labour laws help companies? (b) Maruti (c) Sport items (ii) Government It has positive as well as a negative impact. (a) Globalisation Under globalization more and more goods and services, investments and technology are moving between countries. The largest producer of edible oil in India is: Thus, liberalisation has led to a further spread of globalisation because now businesses are allowed to make their own decisions on imports and exports. (a) Garments (b) buy existing local companies. (a) goods, services and people between countries. Download NCERT Books for Class 10 Economics for 2021. (c) WTO (ii) (b) Answer: Question 9: Globalisation will continue in the future. Appearing Students of Class 10 Exams can download MCQ on Globalisation and the Indian Economy Class 10 with Answers from here. (d) None of the above. (b) goods, services and investments between countries. 12. Until the middle of the twentieth century, production was largely organised: World Trade Organisations aim is to liberalise international trade. 14. Many MNCs are making an investment in India in different sectors like insurance banking and food processing. China provides the advantage of being a: (1) Positive impact : (2) Negative impact: The impact of globalisation has been harmful too as mentioned below : Question 7: How has liberalisation of trade and investment policies helped the globalisation process? (a) Globalisation Mexico and Eastern Europe have the advantage of closeness to the markets in US and Europe. (c) Free Trade Question 1: What do you understand by globalisation? Explain with an example other than those given here. NCERT Class 10 Social Science Economics Solutions: Chapter 4-Globalisation and the Indian Economy Part 3 Glide to success with Doorsteptutor material for CBSE : fully solved questions with step-by-step explanation - practice your way to success. It has been rising. Activities of most MNCs involve substantial trade in goods and services. Most of the workers are employed in the unorganised sector. 5. Which one of the following is not characteristic of ‘Special Economic Zone’? MNCs can provide ……………………… for additional investment. (c) Trade (c) Dairy Products (a) goods and raw materials Removing barriers or restrictions set by the government is known as: Free downloadable chapter wise NCERT solutions for class 11 Commerce Economics in PDF format to help students in homework and score good marks in … (a) International investment (b) Liberalisation Answer: (c) Foreign investment (c) Trade Barriers Tele communication facilities have been facilitated by remote communication devices. (c) Free trade The impact of globalisation has not been uniform as explained below : (a) Raw materials and good food (a) (i) and (iii) Answer: (d) Shared better Access free Social Science (SST) Class 10 Understanding Economic Development – II NCERT Solutions on LearnCBSE.in. It is known as liberalisation. Globalisation has helped India develop as mentioned below : The globalisation, however, has hurt the country’s development as mentioned below : Question 11: Fill in the blanks. 11. (d) None of the above, 9. The government decided that the time had come for Indian producers to compete with producers around the globe. By easing up on labour laws, company heads can negotiate wages and terminate employment, depending on market conditions. (iii) Globalisation has led to an improvement in living conditions (b) 1995 (a) 6 million Question 6. (c) Closeness to the markets in US and Russia Give reasons for your answer. All the Class 10 History Exercise questions has been solved by expert and explained in detail as per NCERT … The most common route for investments by MNCs in countries around the world is to It refers to globalisation which creates opportunities for all and ensures that its benefits are better shared. (d) 55 million, 24. Now goods could be imported and exported easily. It has helped production of services across countries. Cargill foods is the largest producer of which of the following in India? Answer: (d) The globalisation process Question 27. Question 11. The result is increasing interconnectedness and integration of the economies of the world. (b) Liberalisation (b) 5 years (c) 20 million 7. (d) International Company, Question 20. 13. This is closely associated with the process of ______________. (а) Close to the markets What is the process of rapid integration or interconnection between countries called? Answer: (c) Not been uniform (c) Suffering losses (b) (ii) and (iv) A company that owns or controls production in more than one nation is called: Company that owns or controls production in more than one nation Activities of most MNCs involve substantial trade in goods and services. (c) Import barrier (d) All the above. (iii) (d), 1. (c) 4 years (b) More goods and services moving between countries. At times MNCs set up production jointly with local companies because the local company has knowledge of the local business conditions. (b) Liberalisation Besides the movement of goods, services, investment etc. 13. What do you think should the developing countries demand in return? (d) Cutting labour cost, 38. A large part of the foreign trade is also controlled by: NCERT Solutions for Class 10 Economics Textbook. (c) form partnerships with local companies. (a) lesser competition among producers. Which one of the following type of countries has been more benefited from globalisation? (b) It sets up factories where it is close to the markets. Question 29. Question 3. (b) In different countries What is the Advantage of Class 10 Maths NCERT Solutions Chapter 4 Provided by Vedantu? (iv) All of them NCERT Solutions for Class 10. (b) Production of raw materials across countries [AI, 2012] (d) None of the above, Question 19. [AI 2011] This will lead to an increase in the company’s competitiveness. Effect of Chinese toys on Indian toymakers is (a) Export (c) Foreign investment (d) none of the above Question 8. (c) 139 (a) Rich countries NCERT Solutions for Class 10 Social Economics Chapter 4 Globalisation and the Indian Economy September 30, 2019 by phani Formulae Handbook for Class 10 Maths and Science While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater ________________among the producers. NCERT Solutions Class 10 Social Science (Economics) Chapter 4 Globalization and the Indian Economy – Here are all the NCERT solutions for Class 10 Social Science (Economics) Chapter 4. (c) Unorganised sector Batteries, capacitors, plastics toys, tires, dairy products and vegetable oil industries have been hit badly due to competition. Page 72: 5. Explain in your own words. CBSE guide notes are the comprehensive notes which covers the latest syllabus of CBSE and NCERT. (b) Special Economic Zones (SEZ) Trade was the main channel connecting distant countries. (b) Go beyond the domestic markets (a) Production of goods MCQ Questions for Class 10 Social Science with Answers were prepared based on the latest exam pattern. We hope the NCERT Solutions for Class 10 Social Science Economics Chapter 1 Development help you. (b) Export barrier (iii) MNCs (d) Trade barrier. More regions of the world are in closer contact with each other: (b) buy existing local companies. 10. Answer: (d) Closeness to the markets in the US and Europe NCERT Solutions for Class 11 Economics Statistics for Economics Chapter 4 Presentation of Data (Hindi Medium) ... Hope given Statistics for Economics Class 11 Solutions Chapter 4 are helpful to complete your homework. Tax on imports is an example of export barrier. Question 8: How does foreign trade lead to the integration of markets across countries? 13. 15. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. 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