JOIN ADRE 2.0 Telegram Group

Globalisation Quiz | Globalisation Objective Type Questions and Answers

Questions
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

Answer: Globalization
22 WTO was formed in ______:
A 1990
B 1991
C 1995
D None of the above

Answer: 19952
Advertisement
Article and Schedule Quiz Start Test!

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

23 The other name of World Bank is :
A IDA
B IFC
C IBRD
D All of these

Answer: IBRD
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

Answer: 1946
26 Globalisation opportunities for paid work for women has denied them:
A good health
B good education
C permanent job
D None of these

Answer: permanent job
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

Answer: Automobiles
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

Answer: Liberalisation
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

Answer: Parakh Foods
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

Answer: Cheap imports
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

ADRE 2.0 FULL LENGTH MOCK TEST

Take Mock Tests

Missiles Mock Test Start Test!
SSC MTS Mock Test Start Test
IBPS CLERK MOCK TEST Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH) Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi) Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH) Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH) Start Test!
IB Security Assistant Mock test 1 (english) Start Test!
UP POLICE CONSTABLE MOCK TEST 1 Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI) Start Test!
Advertisement
Assam Direct Recruitment Test Series