CHAPTER WISE TEST PAPER

Made by Digraj Singh Rajput

CLASS X
SOCIAL SCIENCE - ECONOMICS
CHAPTER - GLOBALISATION AND THE INDIAN ECONOMY

Time Allowed: 1 Hours Maximum Marks: 30

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General Instructions:
I. This question paper is divided into four sections-Section A, B, C and D.
II. All questions are compulsory.
III. Section-A: Question no. 1 to 5 are objective type questions of 1 marks each.
IV. Section-B: Question no. 6 to 8 are defined type questions, carrying 2 marks each. Answer to each
question should not exceed 40 words.
V. Section-C: Question no. 9 to 11 are Short answer type questions, carrying 3 marks each. The answer to
each question should not exceed 80 words.
VI. Section-D: Question no. 12 and 13 are Long answer type questions, carrying 5 marks each. Answer to
each question should not exceed 120 words.

All the best!!

SECTION-A
Objective Type Questions 1X5=5

1. Any investment made by MNCs is called ..................... .

2. All in the blank.

Cheaper imports, inadequate investment in domestic infrastructure might lead to _________ .
A. boom in agricultural sector
B. slowdown in demands of domestic goods in the country
C. slowdown in industrial sector
D. boom in services

3. Which of the following is an effect of globalization?

A. High tariff barriers on imports.
B. Equal tax concessions for national and international manufacturers by all countries.
C. Availability of large number of alternatives for any product both in terms of price and quality.
D. All of the above
4. Assertion/Reason
Assertion (A): Tariff placed on foreign products creates trade barriers.
Reason (R): WTO was formed to promote liberalization of trade without tariff barriers.
Codes:
A. Both A and R are true and R is the correct explanation of A.
B. Both A and R are true but R is not the correct explanation of A.
C. A is true but R is false.
D. A is false but R is true.

5. Seema's teacher asked her a question, to which she answered, 'Internet'.

What could have been the teacher's question?
A. Name an important factor that has enabled globalisation.
B. Name a factor that has discouraged setting up of MNC's.
C. Name a factor that has enabled import of goods.
D. Name a factor that has enabled export of goods.

SECTION-B
Define Type Questions 2X3=6

Write a short note on:

6. Trade Barrier
7. MNC
8. Foreign Trade

SECTION-C
Short Type Questions 3X3=9

9. Explain with an example how technology have enabled globalisation process?

10. What do you understand about liberalisation of foreign trade, and why do we need it?

11. India holds a significant position as the President of G20. Examine the above statement and elucidate.

SECTION-D
Long Type Questions 5 X 2 = 10

12. 'Spreading out the production of services has been significantly aided by information and communication
technology across nations' Examine the above statement and elucidate.

13. Define globalisation. Describe any four benefits of globalisation to the Indian economy.