Gobalization

Part 1.

 Q.1. Globalisation has led to higher standards of living of:

A. well-off consumers

B. poor consumers

C. big producers

D. small producers

Ans. Well off consumers


Q.2. A company that owns or controls production in more than one nation is called:

A. multinational company

B. Joint stock company

C. global company

D. none of these

Ans. Multinational company


Q.3. 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

Ans. Greater competition among producers


Q.4. 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

Ans. Rapid improvement in technology


Q.5.  Cargill Foods, an MNC has bought over which indigenous Indian company?

A. Amul

B. Britannia

C. Parakh Foods

D. Dabur

Ans. Parakh food


Q.6. Globalisation has created new opportunities of:

A. employment

B. emerging multinationals

C. providing services

D. all of the above

Ans. All of the above


Q.7. Government can make globalisation more 'fair' by

A. Increasing competition

C. Increasing employment

C. Implementing the labour laws

D. Imposing trade barriers

Ans. Implementing the labour laws


Q.8. Fair globalisation would mean:

A. Fair opportunities for all

B. Fair benefits for all

C. More support to small producers

D. All of the above

Ans. All of the above


Q.9. Globalisation has posed major challenges for

A. Big producers

B. Small producers

C. Rural poor

D. None of these

Ans. Small producers


Q.10.  Removing barriers or restrictions set by the government is called:

A. Lberalisation

B. Investment

C. Favourable trade

D. Free trade


Ans. Liberalisation

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