Globalisation
Telangana Board · Class 10 · Social Studies
Practice quiz for Globalisation — Telangana Board Class 10 Social Studies. MCQs and questions with answers to test your preparation.
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Quick Quiz: Globalisation
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What does MNC stand for?
Which technology has been most important for globalisation?
What is a trade barrier?
What does liberalisation mean?
Sample Questions
Which of the following are characteristics of globalisation?
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Rapid integration of countries, Increased foreign trade, Movement of capital across borders, Technology transfer
Globalisation involves rapid integration of countries through increased trade, capital movement, and technology transfer. Isolation is opposite to globalisation.
What are the three types of flows in international economic exchanges?
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Flow of trade in goods and services, Flow of labour (migration), Flow of capital for investment
The three main flows are: trade in goods and services, labour migration, and capital for investment. These are the primary ways countries are economically connected.
Which factors do MNCs consider when selecting production locations?
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Cheap labour availability, Proximity to markets, Favourable government policies, Skilled workforce
MNCs choose locations based on low costs (cheap labour), market access, supportive policies, and skilled workers. High costs would be avoided.
When did India begin major economic liberalisation?
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1991
India began major economic liberalisation around 1991, removing many barriers to foreign trade and investment.
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