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Free download in PDF Globalisation Objective Type Questions and Answers for competitive exams. These short objective type questions with answers are very important for Board exams as well as competitive exams like UPSC, SSC etc. These short solved questions or quizzes are provided by Gkseries.
(21)
Exports now fiancé over 80% of imports, as compared to 60% in 1985, this situation is achieved due to _______:
[A]
Liberalization
[B]
Privatization
[C]
Disinvement
[D]
Globalization
(22)
WTO was formed in ______:
[A]
1990
[B]
1991
[C]
1995
[D]
None of the above
(23)
The other name of World Bank is :
[A]
IDA
[B]
IFC
[C]
IBRD
[D]
All of these
(24)
Government can make globalisation more ‘fair’ by:
[A]
increasing competition
[B]
increasing employment
[C]
implementing the labour laws
[D]
None of the above
Answer: implementing the labour laws
(25)
IMF was organized in ______:
[A]
1946
[B]
1956
[C]
1966
[D]
1976
(26)
Globalisation opportunities for paid work for women has denied them:
[A]
good health
[B]
good education
[C]
permanent job
[D]
None of these
(27)
One major government initiative to attract foreign companies to invest in India is:
[A]
to raise the standard of education
[B]
to promote unemployment in the public sector
[C]
to build special economic zones
[D]
None Of The Above
Answer: to build special economic zones
(28)
Which out of the following industries has a large number of well-off buyers in urban areas?
[A]
Footwear
[B]
Automobiles
[C]
Jewellery
[D]
None of these
(29)
WTO aims at:
[A]
establishing rules for domestic trade
[B]
restricting trade practices
[C]
liberalising international trade
[D]
None of the Above
Answer: liberalising international trade
(30)
Removing barriers or restrictions set by the government is called:
[A]
Liberalisation
[B]
Investment
[C]
Favourable Trade
[D]
Free Trade
31
One major factor that has stimulated the globalisation process is:
[A]
effective utilisation of resources
[B]
increase in income and wealth
[C]
willingness to cooperate
[D]
rapid improvement in technology
Answer: rapid improvement in technology
32
Globalisation by connecting countries leads to:
[A]
lesser competition among producers
[B]
greater competition among producers
[C]
no competition between producers
[D]
none of these
Answer: greater competition among producers
33
Cargill Foods, an MNC has bought over which indigenous Indian company?
[A]
Amul
[B]
Britannia
[C]
Parakh Foods
[D]
Dabur
34
A company that owns or controls production in more than one nation is called:
[A]
multinational corporation
[B]
joint stock company
[C]
global company
[D]
none of these
Answer: multinational corporation
35
The most common route for investments by MNCs in countries around the world is to:
[A]
set up new factories
[B]
buy existing local companies
[C]
form partnerships with local companies
[D]
both (a) and (b)
Answer: form partnerships with local companies
(16)
Which one is false?
[A]
MNCs acquire small companies to expand production
[B]
MNCs enter into joint venture to enter into foreign markets
[C]
MNCS offer subsidy to the small scale industries
[D]
None of the above
Answer: MNCS offer subsidy to the small scale industries
37
Small Scale industries face competition from
[A]
Rising prices
[B]
Cheap imports
[C]
Exports
[D]
Subsidy
38
The past two decades of globalisation has seen rapid movements in:
[A]
goods, services and people between countries
[B]
goods, services and investments between countries
[C]
goods, investments and people between countries
[D]
none of these
Answer: goods, services and investments between countries
39
Investment made by MNCs is called
[A]
Investment
[B]
Foreign Trade
[C]
Foreign Investment
[D]
Disinvestment
Answer: Foreign Investment
40
MNCs do not increase
[A]
Competition
[B]
Price war
[C]
Quality
[D]
None of the above
Answer: None of the above
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