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Questions Related to effects of globalisation in india

Multiple choice geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

The functions of  Multinational corporations are ___________.

  1. they always do the marketing of the primary goods

  2. they always produce manufactured goods

  3. they always do the marketing of the manufactured goods

  4. none of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. The various functions of MNC are:

  1. Promotion of foreign investment
  2. Technology transfer
  3. Promotion of exports
  4. Investment in infrastructure
But it do not always do the marketing of primary goods, manufactured goods or produce manufactured goods.

Multiple choice geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

Advantages of multinationals to home countries are __________.

  1. ensure optimum utilisation of resources

  2. promote bilateral trade relations

  3. promote global Co-operations

  4. all of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

A multinational corporation is an organisation which has its main headquarter in home country and operates with its subsidiaries in two or more countries. The main advantages of MNC to home countries are as follows:

  1. It ensure optimum utilisation of resources.
  2. It promote bilateral trade relations.
  3. It promote global co-operations.etc.

Multiple choice geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

How many approved stock exchanges are present in India?

  1. $19$
  2. $20$
  3. $21$
  4. $23$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

India has 23 approved stock exchanges, of which NSE and BSE have the major share in market capitalisation. The approved stock exchanges of India are listed as below:
$1$. Meerut Stock Exchange, Meerut(UP)
$2$. UP Stock Exchange, Kanpur(UP)
$3$. Mumbai Stock Exchange, Mumbai(Maharashtra)
$4$. Over the Counter Exchange of India, Mumbai(Maharashtra)
$5$. National Stock Exchange, Mumbai(Maharashtra)
$6$. Pune Stock Exchange, Pune(Maharashtra)
$7$. Ahmedabad Stock Exchange, Ahmedabad(Gujarat)
$8$. Vadodara Stock Exchange, Vadodara(Gujarat)
$9$. Bangalore Stock Exchange, Bangalore(Karnataka)
$10$. Canara Stock Exchange, Mangalore(Karnataka)
$11$. Bhubaneswar Stock Exchange, Bhubaneswar(Odisha)
$12$. Kolkata Stock Exchange, Kolkata(West Bengal)
$13$. Delhi Stock Exchange, Delhi
$14$. Guwahati Stock Exchange, Guwahati(Assam)
$15$. Hyderabad Stock Exchange, Hyderabad (Andhra Pradesh)
$16$. Jaipur Stock Exchange, Jaipur (Rajasthan)
$17$. Ludhiana Stock Exchange, Ludhiana(Punjab)
$18$. Chennai Stock Exchange, Chennai(Tamil Nadu)
$19$. Coimbatore Stock Exchange, Coimbatore(Tamil Nadu)
$20$. MP Stock Exchange, Indore(Madhya Pradesh)
$21$. Magadh Stock Exchange, Patna(Bihar)
$22$. Capital Stock Exchange, Kerala Ltd Tiruvananthapuram, (Kerala)
$23$. Cochin Stock Exchange, Cochin(Kerala).

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

The companies which control the production in more than one country are known as __________.

  1. Multi State Organization

  2. Multi National Company

  3. International Trade Organization

  4. International Monetary System

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A Multinational Corporation (MNC) is a company that owns or controls production of goods or services in at least one country other than its home country.

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Which of the following is a private sector bank based in India?

  1. Yes Bank

  2. Loyds Banking Group

  3. Lehman Brothers

  4. Royal Bank

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Yes bank limited was founded by Rana Kapoor and Ashok Kapur in 2004. It is India's fourth largest private sector bank that operates as a corporate bank with retail banking and asset management as corporate functions. 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

State whether the following statements are True or False.
Newspaper, magazines are means of mass communication.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Mass communication refers to the dissemination of information to a large audience; newspapers and magazines are primary examples of print mass media.

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Cargill Foods, an American MNC, had bought smaller Indian companies such as_________.

  1. Pillsbury Foods

  2. Parakh Foods

  3. Aashirwad Foods

  4. MTR Foods.

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Parakh Foods had built a large marketing network in various parts of India, where its brand was well-reputed. Also, Parakh Foods had four oil refineries, whose control has now shifted to Cargill. Cargill is now the largest producer of edible oil in India, with a capacity to make 5 million pouches daily! 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Within a year, 70% to 80% of toy shops have replaced the Indian toys with Chinese toys due to ___________.

  1. cheaper prices

  2. good material

  3. easy availability

  4. better quality

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Buyers in India now have the option of choosing between Indian and the Chinese toys. Because of the cheaper prices and new designs, Chinese toys become more popular in the Indian markets. 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

What is the benefit of using containers in transportation of goods?

  1. Reduction in port handling costs

  2. Reduction in delays

  3. Reduction in damaged goods

  4. All of them

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Containers have led to huge reduction in port handling costs and increased the speed with which exports can reach markets. Similarly, the cost of air transport has fallen.  This has enabled much greater volumes of goods being transported by airlines.