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    Cbse - Class 10 - Economics - Globalisation and The Indian Economy

    Uploaded by

    Dibyasha Das
    The document discusses globalization and its impact on the Indian economy. It provides details on foreign trade in India, including reasons why barriers to trade were initially put in place and later reduced. Special Economic Zones designed to promote business and trade are also mentioned. The document concludes with multiple choice questions related to globalization, the World Trade Organization, sectors impacted by globalization in India, definitions of globalization, and factors driving production across countries.

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    © All Rights Reserved
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    Cbse - Class 10 - Economics - Globalisation and The Indian Economy

    Uploaded by

    Dibyasha Das
    52 views2 pages
    The document discusses globalization and its impact on the Indian economy. It provides details on foreign trade in India, including reasons why barriers to trade were initially put in place and later reduced. Special Economic Zones designed to promote business and trade are also mentioned. The document concludes with multiple choice questions related to globalization, the World Trade Organization, sectors impacted by globalization in India, definitions of globalization, and factors driving production across countries.

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    Original Title

    cbse.eduvictors.com-cbse- class 10 - economics - Globalisation and the Indian Economy

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    The document discusses globalization and its impact on the Indian economy. It provides details on foreign trade in India, including reasons why barriers to trade were initially put in place and later reduced. Special Economic Zones designed to promote business and trade are also mentioned. The document concludes with multiple choice questions related to globalization, the World Trade Organization, sectors impacted by globalization in India, definitions of globalization, and factors driving production across countries.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    52 views2 pages

    Cbse - Class 10 - Economics - Globalisation and The Indian Economy

    Uploaded by

    Dibyasha Das
    The document discusses globalization and its impact on the Indian economy. It provides details on foreign trade in India, including reasons why barriers to trade were initially put in place and later reduced. Special Economic Zones designed to promote business and trade are also mentioned. The document concludes with multiple choice questions related to globalization, the World Trade Organization, sectors impacted by globalization in India, definitions of globalization, and factors driving production across countries.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    cbse- class 10 - economics - Globalisation and the Indian

    Economy
    cbse.eduvictors.com/2012/02/cbse-class-10-economics-globalisation.html

    Globalization and the Indian Economy (Mind Maps)


    A typo in mindmap. Read it as "Ways through which ..."

    Foreign Trade Mind Map

    Q1: What were the reasons for putting


    barrier to trade?
    Answer:
    1. Indian government had put barriers on
    foreign trade in order to protect
    domestic trade and produce from
    foreign industries.
    2. Later it was felt that competition would
    improve the performance and quality
    of domestic producers as they would
    have to improve their quality by
    adopting the new economic policy.
    3. It was also felt the domestic manufacturers would invest more in research and
    development and would become capable of selling their products at international
    market by competing with their foreign counter parts.

    Special Economic Zones (SEZ)

    MCQs:

    Q2(CBSE 2011): Which one of the following


    is a major benefit of joint production
    between a local company and a Multi-
    National Company ?

    (a) MNC can bring latest technology inthe production


    (b) MNC can control the increase in the price
    (c) MNC can buy the local company
    (d) MNC can sell the products undertheir brand name

    Q3(CBSE 2011): Which one of the following is not true regarding the World Trade
    Organization?

    1/2
    (a) It allows free trade to all countries without any trade barriers.
    (b) Its aim is to liberalise international trade.
    (c) It establishes rules regarding international trade.
    (d) WTO rules have forced the developing countries to remove trade barriers.

    Q4(CBSE 2011): Rapid integration or inter connection between countries is known


    as

    (a) Privatisation
    (b) Globalisation
    (c) Liberalisation
    (d) Socialisation

    Q5(CBSE 2011): Which one of the following has benefited least because of
    globalisation in India?

    (a) Agriculture Sector


    (b) Industrial Sector
    (c) Service Sector
    (d) Secondary Sector

    Q6: Till 1950, globalisation meant

    (a) only foreign trade


    (b) only foreign investment
    (c) both (a) and (b)
    (d) none of these

    Q7: Which of the following has played a big role in organizing production across the
    coutries?

    (a) WTO
    (b) Domestic companies
    (c) Information technology
    (d) Consumers

    Answers:

    2: (a) MNC can bring latest technology inthe production


    3: (a) It allows free trade to all countries without any trade barriers.
    4: (b) Globalisation
    5: (a) Agriculture Sector
    6: (a) only foreign trade
    7: (c) Information technology

    2/2

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