i want a economies best bookGlobalisation and the Indian Economy - Class 10 Social Science MCQs (Free Practice Test)
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To get large orders, Indian exporters try hard to cut their own costs by
Answer :
| Reducing cost of raw materials | |
| Reducing advertising and marketing cost | |
| Reducing electricity cost | |
 | Cutting labour cost |
The most common route for investments by MNCs in countries around the world is to
Answer :
| set up new factories. | |
| buy existing local companies. |
| form partnerships with local companies. |
Globalisation has led to improvement in living conditions
Answer :
| of all the people | |
| of people in the developed countries | |
| of workers in the developing countries |
| none of the above. |
Company that owns or controls production in more than one nation
Answer :
| Foreign companies | |
| Government companies | |
| Multinational companies |
| Private companies |
Cargill is now the largest producer of edible oil in India, with a capacity to make __________ pouches daily
Answer :
| 6 million | |
| 5 million |
| 4 million | |
| 55 million |
Post 50 years have seen several improvements in
Answer :
| Transportation technology | |
| Information technology | |
| Communication technology | |
| All of them |
Globalisation, by connecting countries, shall result in
Answer :
| lesser competition among producers. | |
| greater competition among producers |
| no change in competition among producers. |
Tax on imports is an example of
Answer :
| Terms of Trade | |
| Collateral | |
| Trade Barriers |
| Foreign Trade |
Cargill Foods, a very large American MNC, has bought over smaller Indian companies such as
Answer :
| Parakh Foods |
| Amul | |
| Britannia | |
| None of the above |
Benefit to the local company of joint production with MNCs is (i) Money from MNCs for additional investments
(ii) Moral & Social support
(iii) Latest technology for production
(iv) All of them
Answer :
| (i) and (ii) | |
| (ii) and (iii) | |
| (iii) and (iv) | |
| (i) and (iii) |
