Globalisation and Indian Economy
Quiz covering globalisation concepts, liberalisation, MNCs, WTO, and India's integration with the global economy
Questions
Rapid integration between countries is called
- nationalisation
- mutual share
- globalisation
- open share
- none of these
What is the name of the organisation whose aim is to liberalise international trade?
- PTO
- WTO
- MTO
- KTO
- None of these
Ford motors came back to India in
- 1995
- 1998
- 1970
- 1980
- None of these
Removing barriers or restrictions set by the government is known as
- globalisation
- nationalisation
- liberalisation
- open market
- none of these
Investment made by MNCs is called
- internal investment
- dollar investment
- foreign investment
- pond investment
- none of these
Companies that set up production units in the special economic zones, do not have to pay taxes for an initial period of
- 10 years
- 12 years
- 5 years
- 15 years
- None of these
A company that owns or controls production in more than one nation is called a ______________.
- private company
- multi national company
- subsidiary company
- leader company
- None of these
Name the term which refers to globalisation which creates opportunities for all and ensures that its benefits are better shared.
- Fair globalisation
- Fair nationalisation
- Liberalisation
- Best share
- None of these
Cargill Foods, a very large American MNC has bought over smaller Indian companies such as
- Best Foods
- Gourmet Foods
- Fine Foods
- Parakh Foods
- None of these
Till 2006, how many members were there in the WTO?
- 150
- 100
- 50
- 20
- None of these