1) How are Indian markets
transformed with Globalisation?
2) What is an MNC?
3) How are MNCs able to gain greater profits?
4) Which regions are favourable for MNCs to set
up production?
5) What do you understand by the
term 'Investment'?
6) Which two benefits local companies get when
they set up production in association with MNCs?
7) What is the most common route for MNC's
investment?
8) How were Parakh foods purchased by an
American MNC?
9) Give examples of industries where production
is carried out by a large number of small producers around the world.
10) How are MNCs interacting with local
companies in spreading their production?
11) What is the basic function of foreign trade?
12) Why are Chinese toys so popular in India?
13) Give one advantage to China and disadvantage
to India with import of Chinese toys.
14) How does foreign trade connect markets?
15) What is Globalisation?
16) Give role of MNCs in globalisation.
17) What is the contribution of improvement in
transport technology to stimulate globalisation process?
18) What is the contribution of Information and
Communication technology in globalisation process?
19) If Indian Government puts a tax on import of
toys, how would it affect the import of Chinese toys?
20) What is a 'trade barrier'?
21) Why do Governments use trade
barriers?
22) Why did Indian Government after independence
put barriers to foreign trade and foreign investment?
23) After independence, which items were allowed
to be imported?
24) What does the term 'liberalisation' mean?
25) How does liberalisation policy help in
trade?
26) What is WTO?
27) What role does WTO play to liberalise trade?
28) How has globalisation benefited well of
buyers?
29) In which specific Industries are MNCs
interested?
30) What are the advantages of products and
services produced by MNCs?
31) What are SEZs?
32) What are the advantages of SEZ to MNCs?
33) Which top Indian Companies have also become
MNCs?
34) How have top Indian Companies been benefitted
from competition to MNCs?
35) In which products, small manufacturers are
held hit?
36) How can you say that workers' jobs in MNCs
are not secured?
37) How can government can ensure fair
globalisation in India?
38) Under what conditions do MNCs
set up production units?
39) What are the basic functions of foreign
trade?
40) What do you mean by liberalisation of
foreign trade?
41) What is the role of WTO in
international trade?
42) What changes do you find with the arrival of
MNCs in the markets?
43) What are the effects of foreign trade?
44) What are MNCs?
45) What is investment? How is foreign
investment different from it?
46) What are the benefits of MNCs' production to
the local companies?
47) How are MNCs spreading their production
across the globe?
48) What is the role of MNCs in the
globalisation process?
49) Besides the movement of goods, what are the
ways in which countries can be linked?
50) What is the impact of globalisation on the
consumers of India?
51) Which Indian companies have become MNCs with
the competition in globalisation?
52) How were companies providing services
benefitted by globalisation?
53) Which factors have stimulated
the globalisation process?
54) How was the liberalisation policy gradually
adopted in India?
55) What were the reasons for putting barriers
on foreign investment by the Indian government? Why did it wish to remove these
barriers?
56) What are the various ways in which MNCs set
up or control production in other countries?
57) "The impact of
globalisarion has not been uniform." Explain this statement.
58) How can globalisation be made
more fair?
59) How do MNCs manage the production in other
countries?
60) In what ways do MNCs control production of
local companies?
61) How does Ford Motors, an MNC,
set its foot in India?
62) What is globalisation? What is the role of
MNCs in the globalisation process?
63) What are the various ways in which countries
can be linked?
64) How did rapid improvement in technology
stimulate the globalization process?
65) "Among producers and workers, the
impact of globalisation has not been uniform." Comment.
66) In what ways has competition affected
workers, Indian exporters and foreign MNCs in the garment industry?
67) Why have MNCs increased their
investment in India?
68) Explain with an example as to how
information technology is connected with globalisation.
69) The past two decades of
globalisation have seen rapid movements in: (a) goods, services and people
between countries (b) goods, services and investments between countries (c)
goods, investments and people between countries (d) none of these
70) Globalisation has led to higher standards of
living of: (a) well-off consumers (b) poor consumers (c) big producers (d)
small producers
71) Where do MNCs choose to set up production?
(a) Cheap goods (b) Cheap labour resources (c) Economic sustainability (d) None
of these
72) Which Indian company has been bought by
Cargill Foods, an MNC? (a) Amul (b) Britannia (c) Parakh Foods (d) Dabur
73) Name the Indian manufacturer with which Ford
Motors entered the Indian automobile business. (a) Mahindra and Mahindra (b)
Tata Motors (c) Maruti Suzuki (d) Hindustan Motors
74) Trade between countries: (a) determines
prices of products in different countries (b) decreases competition between
countries (c) makes a country dependent on the other (d) none of these
75) Globalisation, by connecting countries,
leads to: (a) lesser competition among producers (b) greater competition among
producers (c) no competition between producers (d) none of these
76) Which out of the following is an example of
a trade barrier? (a) Foreign investment (b) Delay or damage of goods (c) Tax on
imports (d) None of these
77) Removing barriers or restrictions set by the
government is called: (a) liberalisation (b) investment (c) favourable trade
(d) free trade
78) WTO aims at: (a) establishing rules for
domestic trade (b) restricting trade practices (c) liberalising international
trade (d) none of these
79) Which of the following industries has a
large number of well-off buyers in urban areas? (a) Footwear (b) Automobiles
(c) Jewellery (d) Clothing and accessories
80) Globalisation has posed major challenges
for: (a) Pincers (b) small producers (c) rural poor (d) none of these
81) Globalisation opportunities for paid work
for women have denied them. (a) good health (b) good education (c) permanent
job (d) none of these
82) Government can make globalisation more
'fair' by (a) increasing competition (b) increasing employment (c) implementing
the labour laws (d) imposing trade barriers
83) What was the far reaching
change in the policy made in India in 1991?
84) How globalisation has helped to improve
living conditions of workers in developing countries?
85) What is WTO?
86) What is the benefit of joint production
between a local company and a MNC?
87) What are the characteristics of SEZ.
88) What leads to availibility of greater choice
of goods in the market for consumers?
89) What are the impacts of globalisation on
India?
90) How many countries are currently members of
WTO?
91) What has helped in rapid globalisation?
92) What globalisation will result into?
93) What is an MNC?
94) What are the features of a MNC?
95) What is the basic function of foreign trade?
96) Who can play a major role in
the achievement of fair globalisation?
97) How is the MNC able to cope
with large demands all over the world and control prices?
98) Why did the Government of India remove trade
barriers? Explain the reasons.
99) What do you understand by globalisation?
Explain in your own words.
100) How are local companies benefitted by
collaborating with multinational companies? Explain with examples.
101) "Globalisation and competition among producers
has been of advantage to the consumers". Give arguments in support of this
statement.
102) How do Multinational Companies manage to
keep the cost of production of their goods low? Explain with examples.
103) "Information and Communication Technology
(ICT) has played a major role in spreading out products and services across
countries". Support this statement.
104) In what way an MNC different from the
national companies? Highlight any three points of distinction.
105) What should the developing countries demand
in return for liberalising their trade and investment for the developed
countries?
106) Explain with an example how the opening up
of foreign trade results in connecting the markets of different countries. Or
How does foreign trade lead to integration of markets across countries? Explain
with an example other than those given here.
107) What is investment? Name the companies which
make foreign investment. Write any two benefits which a local company expects
form joint production with a multinational company.
108) Why did India put barriers on foreign trade
and investment after independence? Why was the policy changed in 1991? Mention
any two reasons. Or What were the reasons for putting barriers to foreign trade
and foreign investment by the Indian Government? Why have these barriers been
removed now?
109) Describe any five characteristics of WTO.
110) (a) What is globalisation? How can
government ensure fair globalisation to its people? Give two points. Or Suggest
any three measures to make globalisation just and fair. Or How can trade
between countries be made fairer? Explain any three measures. (b) What
values/lesson have you learnt from the given questions?
111) What are special economic
zones? Why have they been set up?
112) How have globalisation and
greater competition amongst the producers been of advantage to consumers?
Explain any three points in this regard.
113) How would flexibility in labour laws help
companies? Explain.
114) In the past few years,
massive campaigns and representation by people's organisations have influenced
important decisions relating to trade and investments at the WTO. This has
demonstrated that people also can play an important role in the struggle for a
fair globalisation. Read the above passage and answer the following questions
(a) How can you say that people played an important role in the struggle for a
fair globalisation? (b) What values you have learnt from the passage?
115) Analyse any three impacts of globalisation
in India.
116) Distinguish between foreign trade and
foreign investment.
117) How will the import of steel from India into
the Chinese markets lead to integration of markets for steel in the two
countries? Explain.
118) How has competition benefitted people in
India?
119) What are the various ways in
which countries can be linked?
120) Why do governments try to
attract more foreign investment?
121) How is stability in jobs for the workers
affected due to globalisation creating a requirement for good quality products
and an expanding market?
122) In what ways has competition affected
workers, Indian exporters and foreign MNCs in the garment industry?
123) Explain four ways in which
'globalisation' and the pressure of competition' have changed the lives of workers
substantially.
124) What is the role of MNCs in the
globalization process?
125) What do you understand by liberalisation of
foreign trade?
126) What are the various ways in
which MNCs set up a control production in other countries?
127) How has liberalisation of trade and
investment policies helped the globalisation process?
128) What are the advantages and disadvantages of
globalisation? Explain two in each case.
129) (a) Why developed countries want developing
countries to liberalise their trade and investment? What do you think should
the developing countries demand in return? (b) What values/lesson you have
learnt from the given question?
130) Globatisation is two-faced.
Explain the statement in context of our country.
131) Globalisation will continue in the future.
Can you imagine what the world would be like twenty years from now? Give
reasons for your answer.
132) Why do people generally move
from one country to another? Why has there been slow movement of people between
countries in the past few decades? Explain.
133) "MNCs often opt for foreign
collaborations to expand and diversify. But there foreign collaborations have
given rise to growth of monopolies and concentration of power in few
hands". Comment.
134) Should more Indian companies
emerge as MNCs? How would it benefit the people in the country?
135) In your opinion, is globalisation fair? Give
reasons in support of your answer. Can you suggest some measures to make
globalisation just and fair? State measures.
136) What are the various ways in which MNCs set
up a control production in other countries?
137) How has liberalisation of trade and
investment policies helped the globalization process?
138) Explain the ways has competition affected
workers, Indian exporters and foreign MNCs in the garment industry?
139) Write any five arguments in favour of World
Trade Organisation (WTO.)
140) How does Government attract foreign
investment? Explain different ways. Or Mention any three steps which have been
taken by the Government of India to attract foreign investment in recent years.
141) "The impact of globalisation has not
been uniform". Explain this statement.
142) Explain the factors that
have-, enabled globalisation in India.
143) How is Information Technology connected with
globalisation? Would globalisation have been possible without expansion of IT?
144) Recent studies point out that small
producers in India need three things to compete better in the market (i) better
roads, power, water, raw materials, marketing and information network. (b)
improvements and modernisation of technology. (c) timely availability of credit
at reasonable interest rates. Can you explain how these three things would help
Indian producers? Do you think MNCs will be interested in investing in these?
Why? Do you think the government has a role in making these facilities
available? Why? (i) Can you think of any other step that the government could
take? Discuss.
145) In recent years China has
been importing steel from India/Explain how the import of steel by China will
affect. (i) Steel companies in China. (ii)Steel companies in India. (iii)
Industries buying steel for production of other industrial goods in China.
146) Nearly all major multinationals are
American, Japanese or European, such as Nike, Coca-Cola, Pepsi, Honda, Nokia.
Can you guess why?
147) What was the main channel connecting
countries in the past? How is it different now?
148) Fill in the blanks. Indian
buyers have a greater choice of goods than they did two decades back. This is
closely associated with the process of (i)___. Markets in India are selling
goods produced in many other countries. This means there is increasing
(ii)___with other countries. Moreover, the rising number of brands that we see
in the markets might be produced by MNCs in India. MNCs are investing in India
because (iii) ___. While consumers have more choices in the market, the effect
of rising (iv)___and (v)___has meant greater (vi)___among the producers.
149) Fill in the blanks. WTO was started at the
initiative of .......... countries. The aim of the WTO is to ........... WTO
establishes rules regarding .......... for all countries and sees that
............. In practice, trade between countries is not .......... Developing
countries like India have ........... whereas developed countries, in many
cases, have continued to provide protection to their producers.
150) What do you think can be done so that trade
between countries is more fair?
151) Consider the information given below (i) What
are the ways in which Ravi's small production unit was affected by rising
competition? (b) Should producers such as Ravi stop production because their
cost of production is higher compared to producers in other countries? What do
you think?
152) In Chapter 1, we saw what
may be development forgone may be destructive for others. The setting of SEZs
has been opposed by some people in India. Find out who are these people and why
are they opposing it.
153) Supposing you find two
people arguing: One is saying globalisation has hurt our country's development.
The other is telling, globalisation is helping India develop. How would you
respond to these arguments?
154) What is foreign investment?
How much did Ford Motors invest in India?
155) What can be done by each of the following so
that the workers can get a fair share of benefits brought by globalisation? (a)
Government (b) Employers at the exporting factories (c) MNCs (d) Workers
156) In what ways will the production of cars by
Ford Motors in India lead to interlinking of production?
157) One of the present debates in India is
whether companies should have flexible policies for employment. Based on what
you have read in the chapter, summaries the point of view of the employers and
workers.
158) Complete the following
statement to show how the production process in the garment industry is spread
across countries. The brand tag says 'Made in Thailand' but they are not Thai
products. We dissect the manufacturing process and look for the best solution
at each step. We are doing it globally. In making garments, the company may,
e.g., get , cotton fibre from Korea,.......
159) Would you say Ford Motors is a MNC? Why?
160) Match the following
(i) MNCs buy at cheap rates form
small producers (a) Automobiles
(ii) Quotas and taxes on imports
are used to regular trade (b)
Garments, footwear,
sport items
(iii) Indian companies who have
invested abroad (c) Call centres
(iv) IT has helped in spreading
of production of services (d) Tata Motors, Infosys, Ranbaxy
(v) Several MNCs have invested in
setting up factories in India for production (e)
Trade barriers
161) Choose the most appropriate option. (a) The
past two decades of globalisation has seen rapid movements in (i)goods,
services and people between countries. (ii) goods, services and investments
between countries. (iii) goods, investments and people between countries. (b)
The most common route for investments by MNCs in countries around the world is
to (i) set up new factories. (ii) buy existing local companies. (iii) form
partnerships with local companies. (c) Globalisation has led to improvement in
living conditions (i) of all the people (ii) of people in the developed
countries (iii) of workers in the developing countries (iv) none of the above
162) By setting up their production plants in
India, MNCs such as Ford Motors tap the advantage not only of the large markets
that countries such as India provide, but also the lower costs of production.
Explain the statement.
163) Why do you think the company
wants to develop India as a base for manufacturing car components for its
global operations? Discuss the following factors (a) Cost of labour and other
resources in India. (b) The presence of several local manufacturers who supply
auto-parts to Ford Motors. (c) Closeness to a large number of buyers in India
and China.
164) Supposing you find two people arguing. One
is saying globalisation has hurt our country's development. The other is
telling, globalisation is helping India develop. How would you respond to these
arguments?
165) Tax on imports is one type of trade barrier.
The government could also place a limit on the number of goods that can be
imported. This is known as quotas. Can you explain, using the example of
Chinese toys, how quotas can be used as trade barriers? Do you think this
should be used? Discuss.
Chapter- 4 Globalisation and the Indian economy.
One marks questions:-
1. What is globlisation?
2. What is liberalization?
3. What is foreign trade?
4. What is foreign investment?
5. Write full form of WTO.
6. Write the full form of MNC.
7. Where ford motors setup in first plant.
8. How many countries are members of WTO?
9. When WTO established?
10. Write the full form of BPO.
11. What is the main aim of WTO?
12. Explain the main benefits of MNC.
13. What is liberalization?
Three(03) Marks Questions:-
1. What is Globalization. Explain it.
2. Why did India put barriers on foreign trade and investment after independence?
3. What advantage are there if MNCs and the with local companies of the countries?
4. What is the most common route for MNCs investment? Explain.
5. How do MNCs use small producers in other countries to expand business?
6. How does foreign trade connect countries? What is the advantage of foreign trade?
7. What is the most common route for MNC investment?
8. How do MNCs use small producers in other countries to expand business?
9. How tax is on imports a trade barriers?
10. What changes led to liberalization?
11. Write a note on world trade organization(WTO).
12. What was the main channel connecting country in the past?
13. Distinguish between foreign trade and foreign investment.
Five (05 ) Marks Questions:-
1. What are the various ways in which MNCs setup of control production in other countries?
2. Why do developed countries want developing to libera line their trade with investment?
3. The impact of globlisation has not been uniform. Explain.
4. How has liberalization of trade and investment policies helped the globalization process?
5. What advantages are there if MNCs tie with local companies of the country?
6. How MNCs do are small producers in other countries to expand business?
7. How foreign trade does connected countries? What are the advantages of foreign trade?
8. How technology enabled globlisation?
9. Why India government had put barriers to foreign trade and foreign investment after independence?
10. What changes led to globlisation?
11. What is the impact of globlisation on producers and workers?
12. What is the role of MNCs in the globlisation process?
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