CBSE Class 10 Social Science Globalization and The Indian Economy MCQs Set 07

Download CBSE MCQs for Class 10 Social Science: Chapter 04 Globalization and the Indian Economy

Access targeted multiple-choice questions for Chapter 04 Globalization and the Indian Economy designed to align with the latest CBSE academic syllabus for Class 10 Social Science. These objective practice sets help students evaluate their conceptual understanding and improve exam readiness.

Chapter-wise Objective Questions: Chapter 04 Globalization and the Indian Economy

Navigate directly to the 50 objective questions for Chapter 04 Globalization and the Indian Economy using the digital viewer below. Each practice set includes verified answer keys, allowing students to instantly cross-check their work and identify areas requiring further revision.

Multiple Choice Questions

Question 1: 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 MNCs
(c) Name a factor that has enabled import of goods
(d) Name a factor that has enabled export of goods
Show Answer & Explanation

Answer: (a) Name an important factor that has enabled globalisation

Explanation:
1. The internet is a key enabling factor behind globalisation, allowing instant communication and coordination across countries.

Teacher's Note:
a) The internet is a major enabler of globalisation.
b) It allows instant communication and coordination across countries.

Question 2: A student discusses liberalisation, making these points: (I) It is a process of removing government-imposed obstacles or constraints. (II) As a consequence of trade liberalisation, business organisations are NOT free to decide what to import/export. (III) In liberal countries, intercountry trade is easier and efficient. (IV) Under liberalisation, governments select the types/quantities of commodities allowed through trade barriers. Which statements are correct?
(a) Statement (I) is correct and (II) is incorrect
(b) Statement (III) is incorrect and (IV) is correct
(c) Both (I) and (III) are correct
(d) Both (II) and (IV) are correct
Show Answer & Explanation

Answer: (c) Both (I) and (III) are correct

Explanation:
1. Liberalisation removes government obstacles (I) and makes intercountry trade easier (III); statements II and IV describe the opposite of liberalisation — continued government control — making them incorrect.

Teacher's Note:
a) Liberalisation removes obstacles and eases trade, matching I and III.
b) II and IV describe continued government control, which is the opposite of liberalisation.

Question 3: Removing barriers or restrictions set by the government is known as:
(a) Globalisation
(b) Privatisation
(c) Nationalisation
(d) Liberalisation
Show Answer & Explanation

Answer: (d) Liberalisation

Explanation:
1. Liberalisation specifically refers to removing government-imposed trade and investment barriers.

Teacher's Note:
a) Liberalisation = removing government-imposed barriers.
b) This is distinct from globalisation, privatisation and nationalisation.

Question 4: Fill in the blank: ___ has helped most in the spread of production of services.
(a) Manufacturing industry
(b) Automobile sector
(c) Call centres
(d) IT sector
Show Answer & Explanation

Answer: (d) IT sector

Explanation:
1. The IT sector has been the primary driver behind the global spread of service production, through outsourcing and digital connectivity.

Teacher's Note:
a) The IT sector drove the global spread of service production.
b) It enabled outsourcing and digital service delivery across borders.

Question 5: Fill in the blank: Cheaper imports and inadequate investment in domestic infrastructure might lead to ___.
(a) A boom in the agricultural sector
(b) A slowdown in demand for domestic goods in the country
(c) A slowdown in the industrial sector
(d) A boom in services
Show Answer & Explanation

Answer: (b) A slowdown in demand for domestic goods in the country

Explanation:
1. Cheaper imports can outcompete domestic products, reducing demand for domestically made goods.

Teacher's Note:
a) Cheap imports can undercut domestic products, reducing their demand.
b) Weak domestic infrastructure investment compounds this competitive disadvantage.

Question 6: With what objective was the World Trade Organisation set up? (I) To liberalise international trade. (II) To allow free trade for all. (III) To establish rules regarding international trade. (IV) To boost national trade.
(a) (I), (II) and (IV)
(b) (II) and (IV) only
(c) (I), (II) and (III)
(d) (II), (III) and (IV)
Show Answer & Explanation

Answer: (c) (I), (II) and (III)

Explanation:
1. The WTO was established to liberalise international trade, promote free trade, and set rules governing it (I, II, III); boosting purely national (domestic) trade was not its specific aim (IV).

Teacher's Note:
a) WTO aims to liberalise and set rules for international trade.
b) Boosting purely national/domestic trade is not its specific objective.

Question 7: Which of the following is NOT an example of the process of globalisation?
(a) Google's headquarters being in California with multiple offices across the world
(b) Railways being the largest public-sector employer in India
(c) McDonald's introducing McAloo Tikki specially for the Indian menu
(d) A Spanish family having masala dosas for their weekend breakfast
Show Answer & Explanation

Answer: (b) Railways being the largest public-sector employer in India

Explanation:
1. Railways being India's largest public-sector employer is a purely domestic fact, unrelated to cross-border integration, unlike the other three examples, which all illustrate globalisation.

Teacher's Note:
a) Indian Railways' domestic employment scale has nothing to do with globalisation.
b) The other three examples all illustrate genuine cross-border integration or cultural exchange.

Question 8: A news magazine for London readers is designed and printed in Delhi, with text sent via the internet and designers taking instructions from London through telecommunication. Which phenomenon enables this?
(a) Foreign trade
(b) Domestic trade
(c) Globalisation
(d) Investment
Show Answer & Explanation

Answer: (c) Globalisation

Explanation:
1. This cross-border production process, enabled by technology, is a direct example of globalisation.

Teacher's Note:
a) Cross-border production coordinated via technology exemplifies globalisation.
b) This goes beyond simple trade or investment to show integrated global production.

Question 9: Identify which statement is NOT true about globalisation.
(a) Globalisation is the process of rapid integration between countries
(b) It is the movement of more investments and technology between countries
(c) Globalisation is the introduction of restrictions or barriers by the government
(d) It is the movement of more goods and services between countries
Show Answer & Explanation

Answer: (c) Globalisation is the introduction of restrictions or barriers by the government

Explanation:
1. Globalisation involves removing, not introducing, government restrictions and barriers, making this statement false.

Teacher's Note:
a) Globalisation removes barriers; it does not introduce them.
b) The other three options correctly describe genuine features of globalisation.

Question 10: Observe a picture of a little girl voicing concern about social problems amid globalisation's uneven benefits. Which event can support her assertion?
(a) We experience inconsistent monsoons
(b) Our groundwater reserves are falling every year
(c) Poverty and unemployment are rising
(d) Social media has a negative impact on young children
Show Answer & Explanation

Answer: (c) Poverty and unemployment are rising

Explanation:
1. Rising poverty and unemployment directly illustrate how globalisation's benefits have not been shared fairly, which is the central concern raised by the accompanying passage.

Teacher's Note:
a) Rising poverty/unemployment reflects globalisation's unevenly shared benefits.
b) This matches the chapter's core concern about 'fair globalisation'.

Question 11: Match: (A) Globalisation, (B) Liberalisation, (C) Tax barrier, (D) Foreign investment with their meanings: (I) Investment by multinationals, (II) Controlling foreign trade, (III) Integration between economies, (IV) Removing trade barriers.
(a) (A)-(I), (B)-(II), (C)-(III), (D)-(IV)
(b) (A)-(III), (B)-(IV), (C)-(II), (D)-(I)
(c) (A)-(II), (B)-(IV), (C)-(I), (D)-(III)
(d) (A)-(I), (B)-(III), (C)-(IV), (D)-(II)
Show Answer & Explanation

Answer: (b) (A)-(III), (B)-(IV), (C)-(II), (D)-(I)

Explanation:
1. Globalisation means integration between economies (III); liberalisation means removing trade barriers (IV); tax barriers control foreign trade (II); and foreign investment is investment made by multinationals (I).

Teacher's Note:
a) Globalisation = economic integration; Liberalisation = removing barriers.
b) Tax barrier = controls foreign trade; Foreign investment = MNC investment.

Question 12: Assertion (A): Containers have led to a huge reduction in port handling costs. Reason (R): Transportation has obstructed globalisation.
(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 correct but (R) is wrong
(d) (A) is wrong but (R) is correct
Show Answer & Explanation

Answer: (c) (A) is correct but (R) is wrong

Explanation:
1. Containerisation did reduce port handling costs (A is true), but transportation improvements actually promoted, not obstructed, globalisation, making R false.

Teacher's Note:
a) Containerisation genuinely cut port handling costs, making A true.
b) Transportation improvements promoted globalisation rather than obstructing it, making R false.

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Chapter 04 Globalization and the Indian Economy Objective Questions & Solutions for Class 10 Social Science

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