Quiz on Globalisation and the Indian Economy
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1. What is globalisation?
Increased trade and investment across countries · Isolation of national economies · Reduction of international trade · Increase in tariffs and quotas
2. Which of the following is a feature of globalisation?
Decreased foreign investment · Increased cultural exchange · Reduced competition · Limited access to technology
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 seen significant growth due to globalisation in India?
Agriculture · Manufacturing · Information Technology · Mining
5. What is one of the impacts of globalisation on Indian agriculture?
Increased subsidies · Higher prices for farmers · Greater competition from imports · Decreased export opportunities
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