Globalisation and Indian Economy
Economics ⇒ International Trade and Globalisation
Globalisation and Indian Economy starts at 11 and continues till grade 12.
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See sample questions for grade 11
Define globalisation in the context of the Indian economy.
Describe the impact of globalisation on employment in India.
Describe the role of technology in promoting globalisation in India.
Discuss the impact of globalisation on Indian small-scale industries.
Discuss two positive effects of globalisation on the Indian economy.
Explain how globalisation has affected the Indian textile industry.
Explain the impact of globalisation on Indian agriculture.
Explain the role of multinational corporations (MNCs) in the process of globalisation in India.
Which of the following is a characteristic of a globalised economy? (1) Closed markets (2) Free flow of capital (3) High trade barriers (4) Government monopoly
Which of the following is a negative impact of globalisation on India? (1) Job creation in IT sector (2) Loss of traditional industries (3) Increase in exports (4) Growth in service sector
Which of the following is a reason for the growth of the IT sector in India due to globalisation? (1) Low labour costs (2) High import tariffs (3) Lack of skilled workers (4) Restrictive policies
Which of the following is an example of a non-tariff barrier? (1) Import quota (2) Import duty (3) Export tax (4) Sales tax
Fill in the blank: The agreement that led to the establishment of the World Trade Organization is called the __________ Agreement.
Fill in the blank: The headquarters of the World Trade Organization (WTO) is located in __________.
Fill in the blank: The policy of allowing private and foreign players to participate in the Indian economy is called __________.
Fill in the blank: The process of buying goods and services from other countries is called __________.
State whether the following statement is true or false: Globalisation has led to an increase in foreign direct investment (FDI) in India.
State whether the following statement is true or false: Globalisation has only positive effects on the Indian economy.
True or False: Globalisation has led to the spread of Indian culture worldwide.
True or False: Globalisation has made Indian markets more competitive.
