Question Paper
Class / Subject: Class 10 (CBSE) · Social Science
Chapter: Chapter 21 — Chapter 21: Globalisation and the Indian Economy
Time Allowed: 32 minutes
Max Marks: 16
1. What does globalisation refer to? [1]
(A) Increasing interconnection of countries
(B) Complete isolation of countries
(C) Only military alliances
(D) Only cultural separation
2. What has driven globalisation? [1]
(A) Improvements in transport and communication technology
(B) Reduced technology use
(C) Only political decisions, no technology
(D) Isolationist policies
3. What is trade liberalisation? [1]
(A) Reducing barriers like tariffs and quotas
(B) Increasing trade barriers
(C) Banning all trade
(D) No relation to trade
4. What are MNCs? [1]
(A) Multinational corporations operating in multiple countries
(B) Local small businesses only
(C) Government agencies only
(D) Non-profit organisations only
5. What do MNCs often seek? [1]
(A) Lower costs or new markets
(B) Only higher costs
(C) No specific advantage
(D) Only domestic markets
6. What has globalisation increased? [1]
(A) Economic growth and cultural exchange
(B) Only isolation
(C) Only conflict
(D) Only poverty
7. What concerns has globalisation raised? [1]
(A) Job displacement and inequality
(B) No concerns at all
(C) Only positive outcomes with no downsides
(D) Complete elimination of trade
8. Why is understanding globalisation important? [1]
(A) It shapes today's interconnected global economy
(B) No reason
(C) Only for tests
(D) It's not important
9. When did India's economic liberalisation begin? [1]
(A) 1991
(B) 1947
(C) 1950
(D) 2000
10. What did liberalisation open India's economy to? [1]
(A) Foreign investment and trade
(B) Complete isolation
(C) Only domestic investment
(D) No changes at all
11. Which sector saw significant growth due to globalisation? [1]
(A) Information technology
(B) Only agriculture
(C) Only traditional handicrafts
(D) No sector grew
12. What jobs did globalisation create in India? [1]
(A) IT and BPO industry jobs
(B) Only agricultural jobs
(C) No new jobs
(D) Only government jobs
13. What challenge did some traditional industries face? [1]
(A) Competition from imports and MNCs
(B) No challenges at all
(C) Increased government support only
(D) Complete elimination of competition
14. What industry is an example of facing this challenge? [1]
(A) Small-scale manufacturing
(B) Information technology
(C) Software services
(D) Business process outsourcing
15. What else did globalisation increase in India? [1]
(A) Cultural exchange and changed lifestyles
(B) No cultural change at all
(C) Only economic decline
(D) Complete cultural isolation
16. Why is India's globalisation experience significant to study? [1]
(A) It shows both benefits and challenges of global economic integration
(B) No reason
(C) Only for tests
(D) It's not important