Globalisation And The Indian Economy Quiz 2 (25 MCQs)

Quiz Instructions:

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1. When did the Indian Government introduced a policy of liberalisation known as 'New Economic Policy'?

2. Foreign trade creates an opportunity

3. When was the WTO established?

4. Examples of industries where production is carried out by a large number of small producers around the world.

5. The money spent on buying assets such as land, building, machinery etc is known as

6. The primary driver of globalization is

7. To check the free flow of Chinese goods in the Indian markets, what the Indian government can do?

8. What does outsourcing and offshoring mean for you?

9. By 2006, how many countries were the members of the World Trade Organisation?

10. What is the basic function of foreign trade?

11. Which sector has not benefited by the policy of globalisation?

12. _____ is the interconnection of the global economy.

13. Tax on imports can be treated as

14. An important factor causing globalisation is

15. Which among the following is NOT a factor that promote MNCs to set up their production unit?

16. Till which time period, production was organised within the countries?

17. Two factors that enabled Globalisation _____

18. Globalisation will result in

19. Why all major multinationals are American, Japanese or European, such as Nike, Coca-Cola, Pepsi, Honda, Nokia.?

20. Mahindra & Mahindra an automobile company has a collaboration with which of the following MNC's

21. Investment by a person or company based in another country is called _____

22. Multinational corporations have succeeded in entering global markets through

23. Which organization provides loans to developing countries for capital projects?

24. FDI (Foreign Direct Investment) attracted by globalisation in India belongs to the

25. Which organisation support liberalisation of foreign trade and investment in India?