Self Assessment – Class 10 – Social Science -Economics-Chapter 4 : Globalisation and the Indian Economy

Self Assessment – Class 10 – Social Science -Economics-Chapter 4 : Globalisation and the Indian Economy

Very Short Answer Type Questions ( 1 mark each)

Q.1 What is Globalization?

Q.2 Give one example of Trade Barriers?

Q.3 When did India adopt the new economic policy?

Q.4 Provide one example of Indian MNC’s?

LONG ANSWER TYPE QUESTIONS (3 OR 5 MARKS EACH)

Q.1 Why are the trade barriers imposed on the foreign trade and investment in a country?

Q.2 Describe any five advantages to consumers due to globalization and greater competition among producers.

Q.3 What are the factors have stimulated the globalization process?

Q.4 How the liberalization policy was gradually adopted in India?

Q.5 What is liberalization? Describe any five effects of liberalization on the Indian Economy.

Q.6 How information technology is encouraging the Globalisation ? Explain

Q.7 “Foreign trade integrates the markets in different countries”. Support the statement with argument.

Q.8 “A wide ranging choice of goods are available in the Indian markets”. Support the statement with examples in context of globalisation

Q.9 Explain the steps taken by government to attract foreign investment.

Q.10 “Not every state of India has benefitted from globalisation”. Examine the statement.