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Globalisation and the Indian Economy Quiz

Class X
Economics
Globalisation and the Indian Economy
14 questions
EASY

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1. What is globalisation?

Increase in local trade · Integration of economies worldwide · Reduction in foreign investments · Isolation of national economies

2. Which of the following is a feature of globalisation?

Decreased foreign exchange · Increased trade and investment · Reduction in technology transfer · Limited access to global markets

3. What role do multinational corporations play in globalisation?

They restrict trade · They promote local businesses · They operate in multiple countries · They focus only on domestic markets

4. Which sector has benefited the most from globalisation in India?

Agriculture · Manufacturing · Information Technology · Textiles

5. What is one of the negative impacts of globalisation?

Increased job opportunities · Cultural homogenisation · Improved technology access · Higher foreign investments