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Free download in PDF Globalisation Short 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.
41
This helps to create an opportunity for the producers to reach beyond the domestic market
[A]
Foreign trade
[B]
Domestic trade
[C]
Internal trade
[D]
Trade barrier
42
Foreign Trade
[A]
Increases choice of goods
[B]
Decreases prices of goods
[C]
Increases competition in the market
[D]
Decreases earnings
Answer: Decreases earnings
43
Production of services across countries has been facilitated by
[A]
Money
[B]
Machine
[C]
Labor
[D]
Information and communication technology
Answer: Information and communication technology
44
Globalization is not supported by
[A]
Privatization
[B]
Liberalization
[C]
Information and communication technology
[D]
None of these
45
Exports now finance over ______ of imports :
[A]
50%
[B]
60%
[C]
70%
[D]
80%
46
Opening up the economy to the economies of the world so that Indian economy can compute at international level is called ______:
[A]
Liberalization
[B]
Globalization
[C]
Privatization
[D]
None of these
47
Tax on imports is an example of
[A]
Investment
[B]
Disinvestment
[C]
Trade barrier
[D]
None Of The Above
48
Present membership of WTO is around _______ countries : (updated)
[A]
135
[B]
151
[C]
180
[D]
None of these
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