Time Left:
600
sec
1. What are SEZs?
A. State Economic Zones
B. Special Economic Zones
C. Small Employment Zones
D. Social Economic Zones
2. How long do companies in SEZs not have to pay taxes initially?
A. 2 years
B. 5 years
C. 7 years
D. 10 years
3. What is the second largest employer in India after agriculture?
A. IT industry
B. Banking sector
C. Small industries
D. Transport sector
4. What challenge has globalisation posed to small producers in India?
A. Reduced taxes
B. Increased profits
C. Tough competition leading to closures
D. Expansion abroad
5. Who was Ravi in the chapter’s example?
A. An automobile worker
B. A capacitor manufacturer in Tamil Nadu
C. A toy seller
D. A garment exporter
6. When did India remove restrictions on imports of capacitors under WTO agreements?
A. 1995
B. 2000
C. 2001
D. 2005
7. Who was Sushila in the example?
A. A toy maker
B. A garment worker in Delhi
C. A factory owner
D. An IT professional
8. What is meant by flexible employment?
A. Permanent jobs with all benefits
B. Jobs with security
C. Temporary jobs with low wages and no benefits
D. Government jobs
9. Which sector has been most affected by globalisation in terms of worker insecurity?
A. Agriculture
B. Cottage industry
C. Garment export industry
D. Banking
10. What does fair globalisation mean?
A. Benefits for only rich people
B. Opportunities and benefits shared by all
C. Benefits only for MNCs
D. Restricting trade
11. Which step can governments take to ensure fair globalisation?
A. Support only MNCs
B. Remove all labour laws
C. Protect the interests of all people through policies
D. Ban foreign trade
12. What has played a major role in spreading out production of services globally?
A. Agriculture
B. IT (Information Technology)
C. Tourism
D. Heavy Industries
13. What led to faster delivery of goods across long distances at lower costs?
A. IT only
B. Use of ships only
C. Improvement in transportation technology
D. Railways only
14. Which method has reduced port handling costs and increased export speed?
A. Ships only
B. Containers
C. Trucks only
D. Railways only
15. What has reduced costs of air transport?
A. Advanced satellites
B. Improved aircraft technology
C. Containerisation
D. Flexible labour
16. Which communication method allows instant money transfer between countries?
A. Postal service
B. Fax
C. Internet (e-banking)
D. Landline
17. Which Indian IT company has emerged as a multinational?
A. Tata Steel
B. Infosys
C. Bajaj Auto
D. Amul
18. Which Indian company became multinational in medicines?
A. Ranbaxy
B. Infosys
C. Tata Motors
D. Parle
19. Which organisation puts pressure on developing countries to liberalise trade?
A. WHO
B. WTO
C. UNICEF
D. UNESCO
20. Which group has benefited most from globalisation?
A. Small farmers
B. People with education, skill and wealth
C. Poor labourers
D. Unorganised workers
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