This quiz works best with JavaScript enabled. Home > Indian Economy > Globalisation And The Indian Economy – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Globalisation And The Indian Economy Quiz 2 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Find the odd one A) Tourist guide. B) Dhobi. C) Tailor. D) Potter. Show Answer Correct Answer: A) Tourist guide. 2. 'Increased job opportunities' is an impact of ..... A) Privatisation. B) Globalisation. C) Liberalisation. D) Industrialisation. Show Answer Correct Answer: B) Globalisation. 3. Special Economic Zones (SEZs) are being set up to attract A) Foreign tourists. B) Foreign investment. C) Foreign goods. D) Foreign policies. Show Answer Correct Answer: B) Foreign investment. 4. Investment made by MNCs are termed as- A) Indigenous Investment. B) Foreign Investment. C) Entrepreneurial Investment. D) None of These. Show Answer Correct Answer: B) Foreign Investment. 5. Define trade. A) To bring "merchandise" from a foreign or external source-into a place or country from another country. B) To buy/sell something:exchange something for something else. C) To carry or send-as a commodity-to some other place, such as another country. D) None of above. Show Answer Correct Answer: B) To buy/sell something:exchange something for something else. 6. Large companies that have their presence in more than on country are called ..... A) Large National Companies. B) Multi National Corporations. C) Multi International Companies. D) None of above. Show Answer Correct Answer: B) Multi National Corporations. 7. Find the odd one out A) Jet Airways. B) MTNL. C) BSNL. D) LIC. Show Answer Correct Answer: A) Jet Airways. 8. NAFTA was made among ..... A) The U.S., Canada, and Mexico. B) European Countries. C) Developing Countries. D) The U.S., Russia, and China. Show Answer Correct Answer: A) The U.S., Canada, and Mexico. 9. Which Indian company was bought over by Cargill Foods-a large American MNC? Pick out the name from the alternatives provided. A) Amul. B) Fun Foods Ltd. C) Agro Tech Foods Ltd. D) Parakh Foods. Show Answer Correct Answer: D) Parakh Foods. 10. Which of the following organisations lays stress on liberalisation of foreign trade and foreign investment? A) International Labour Organisation. B) International Monetary Fund. C) World Health Organisation. D) World Trade Organisation. Show Answer Correct Answer: D) World Trade Organisation. 11. What is happening with the import of Chinese toys in India? A) Indian toys are selling more. B) Indian consumers are buying less. C) Indian consumers are getting more choice at cheaper rates. D) Chinese consumers are falling short of choice. Show Answer Correct Answer: C) Indian consumers are getting more choice at cheaper rates. 12. A furniture factory is an example of ..... A) Primary Industry. B) Secondary Industry. C) Tertiary Industry. D) Quaternary Industry. Show Answer Correct Answer: B) Secondary Industry. 13. Globalisation has led to improvement in A) Choice to consumers. B) Quality of goods and services. C) Foreign investment. D) All the above. Show Answer Correct Answer: D) All the above. 14. Globalisation has led to higher standards of living of: A) Well-off consumers. B) Poor consumers. C) Big producers. D) Small producers. Show Answer Correct Answer: A) Well-off consumers. 15. SEZ stands for A) Special Economic Package. B) Special Economic Zone. C) Special Ecology Zone. D) None of above. Show Answer Correct Answer: B) Special Economic Zone. 16. ..... markets are a trait of the global economy. A) World Wide. B) Local. C) Regional. D) Isolated. Show Answer Correct Answer: A) World Wide. 17. ..... refers to all those different economic reforms or policy measures and changes which aim at increasing the productivity and efficiency by creating an environment of competition in the economy. A) Mixed Economy. B) New Economic Policy. C) Closed Economy. D) Globalisation. Show Answer Correct Answer: B) New Economic Policy. 18. What is the definition of globalisation in this chapter? A) The integration between countries through foreign trade and foreign investments by multinational corporations (MNCs). B) The rapid rise and influence of MNCs in the globalisation process. C) The interconnectedness of regions across the world in various dimensions. D) The integration of production and markets through MNCs. Show Answer Correct Answer: A) The integration between countries through foreign trade and foreign investments by multinational corporations (MNCs). 19. Globalisation has led to improvement in living conditions- A) Of all the people. B) Of people in the developed countries. C) Of workers in the developing countries. D) None of the above. Show Answer Correct Answer: C) Of workers in the developing countries. 20. Cargill Foods, an MNC has bought over which indigenous Indian company? A) Amul. B) Britannia. C) Parakh Foods. D) Dabur. Show Answer Correct Answer: C) Parakh Foods. ← PreviousNext →Related QuizzesGlobalisation And The Indian Economy Quiz 1Globalisation And The Indian Economy Quiz 3Globalisation And The Indian Economy Quiz 4Globalisation And The Indian Economy Quiz 5Globalisation And The Indian Economy Quiz 6Globalisation And The Indian Economy Quiz 7Globalisation And The Indian Economy Quiz 8Globalisation And The Indian Economy Quiz 9Globalisation And The Indian Economy Quiz 10Globalisation And The Indian Economy Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books