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Globalisation And The Indian Economy Quiz 3 (25 MCQs)

Quiz Instructions:

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1. Investment means spending on
2. Fill in the blank. Globalization is the result of several factors. Advances in communication & transportation have played a big part. Another major factor is the movement toward " _____ "
3. Any substance that makes a spectacular dish
4. How is a tariff best described?
5. According to Friedman (2005), this phase continues to spread globalization due to technologies like fiber-optic network.
6. Globalization is not supported by
7. What is the role of MNCs in the globalisation process?
8. Which of the following contributes to globalisation?
9. Which one of the following is a major benefit of joint production between a local company and a Multi-National Company?
10. Countries impose restriction or barrier on foreign trade by _____
11. In the past few years, WTO has influenced important decisions relating to trade and investments. Why?
12. Globalisation leads to rapid movements of the following between countries:
13. This aspect of globalization focuses on the exchange of goods and services.
14. What was the main channel connecting countries in the past? How is it different now?
15. This aspect of globalization focuses on the distribution of ideas and way of life.
16. Which one of the following has benefited least because of globalisation in India?.
17. New Economic policy was initiated in the year.
18. BPOs have benefited growth of:
19. Which one of the following organizations lay stress on liberalization of foreign trade and foreign investment?
20. MNCs are investing in India because of _____
21. What function do the World Bank and International Monetary Fund serve?
22. Why did the Indian Government restricted foreign trade after independence?
23. Which one among the following is a far reaching change in the policy made in India in 1991?
24. Benefits enjoyed by companies who set up production units in the SEZs are:
25. Which organisations strain on the liberalisation of foreign investment and foreign trade?
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