CH-4 GLOBALISATION Source Based Ques

ASSIGNMENT
SOCIAL SCIENCE
CLASS-X
CH-4 GLOBALISATION AND THE INDIAN ECONOMY
A. MULTIPLE CHOICE QUESTIONS:
Q1. ------------- is the increasing interaction of people, states or countries through the growth of
international flow of money, ideas and cultures.
a) Liberalizations
b) Globalization
c) Privatization
d) All the above
Q2.Company that owns and controls production in many countries of the world is called -------------
a) Multinational company
b) Domestic company
c) Both a and b
d) None of the above
Q3.MNC’s set up their units in Eastern Europe because of

(a) cheap labour
(b) closeness to the markets in US and Europe
(c) highly skilled engineers
(d) All of the above
Q4.Globalization will continue in the future in India in order to:
(a) Provide a large amount of employment
(b) Increase the mobility of labour
(c) both a and b
(d) None of the above
B.ASSERTION AND REASON QUESTIONS:
Q1. In the question given below, there are two statements marked as Assertion (A) and Reason (R). Read
statement and choose the correct option:
Assertion: (A) Large MNCs in the garment industry look for cheapest goods from India as Indians exporters
provide very cheap raw materials.
Reason: (R) since cost of raw materials cannot be reduced. Indian exporters cut labour costs and reduce
wages in order to cut down their production cost.
a). Both A and R are true and R is the correct explanation of A. -
b). Both A and R are true and but R is not the correct explanation of A.
c). A is true but R is false.
d). A is false but R is true.
Q2. In the question given below, there are two statements marked as Assertion (A) and Reason (R). Read
statement and choose the correct option:
Assertion: (A) The Indian government after independence, had put barriers to foreign trade and foreign
investment.
Reason: (R) The government considered it necessary to protect the producers with in the country from
foreign competition.
a). Both A and R are true and R is the correct explanation of A.-
b). Both A and R are true and but R is not the correct explanation of A.
c). A is true but R is false.
d). A is false but R is true.
C. SOURCE BASED QUESTIONS:

Q I . Globalization and greater competition among producers - both local and foreign producers - has been of
advantage to consumers, particularly the well-off sections in the urban areas. There is greater choice before these
consumers who now enjoy improved quality and lower prices for several products. As a result, these people today,
enjoy much higher standards of living than was possible earlier.
Among producers and workers, the impact of globalization has not been uniform.
Firstly, MNCs have increased their investments in India over the past 20 years, which means investing in India has
been beneficial for them. MNCs have been interested in industries such as cell phones, automobiles, electronics,
soft drinks, fast food or services such as banking in urban areas. These products have a large number of well-off
buyers. In these industries and services, new jobs have been created. Also, local companies supplying raw
materials, etc. to these industries have prospered.
Secondly, several of the top Indian companies have been able to benefit from the increased competition. They have
invested in newer technology and production methods and raised their production standards. Some have gained
from successful collaborations with foreign companies.
Moreover, globalization has enabled some large Indian companies to emerge as multinationals themselves! Tata
Motors (automobiles), Infosys (IT), Ranbaxy (medicines), Asian Paints (paints), Sundaram Fasteners (nuts and bolts)
are some Indian companies which are spreading their operations worldwide.
Globalization has also created new opportunities for companies providing services, particularly those involving IT.
The Indian company producing a magazine for the London based company and call centers are some examples.
Besides, a host of services such as data entry, accounting, administrative tasks, engineering are now being done
cheaply in countries such as India and are exported to the developed countries.
1. Read the given extract and answer the following questions

Answer the following MCQs by choosing the most appropriate option: -
Q1. The source given above relates to which of the following options?
a) Sources of credit
b) Increased employment
c) International competition
d) Impact of Globalization
Q2.According to the given source, globalization is responsible for
a) Greater competition among producers
b) Providing greater choices to consumers
c) Improving quality of products
d) All of the above
Q3. MNC’s have been interested in which of the following industries or services.
a) Banking in urban areas
b) Fast Food
c) Automobiles
d) All of the above
Q4. Which of the following is an example of Indian origin MNC’S?
a) Infosys (IT)
b) Ranbaxy (medicines)
c) Sundaram Fasteners (nuts and bolts)
d) All of these
Q2. Read the given extract and answer the following questions:
- Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production
spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large
plant nea Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of
jeeps and trucks. By the year 2004, Ford Motors was selling 27,000 cars in the Indian markets, while 24,000 cars
were exported from India to South Africa, Mexico and Brazil. The company wanted to develop Ford India as a
component supplying base for its other plants across the globe. (Economics Page 59 )
Answer the following MCQs by choosing the most appropriate option
Q.1. The passage given above relates to which of the following options?
A. Increased employment
B. Foreign investment
C. Foreign collaboration
D. International competition
Q2. According to the given passage, Ford Motors can be termed as a Multi-National Company based on which of the
following options?
A. Production of different types of automobiles
B. Largest automobile manufacturer in the world
C. Because of large-scale exports of cars across globe
D. Industrial and commercial ventures across globe
Q3. By setting up their production plants in India, Ford Motors wanted to –
A. Collaborate with a leading Indian Automobile company
B. Satisfy the demands of American, African and Indian markets
C. Tap the benefits of low-cost production and a large market
D. Take over small automobile manufacturing units in Indi
Q4. ‘Ford Motors’ wish to develop Ford India as a component supplying base for its other plants across the globe is
an evidence of –
A. Promoting local industries of India
B. Merging trade from different countries
C. Supplying jobs to factory workers in India
D. Interlinking of production across countries
ASSIGNMENT
SOCIAL SCIENCE
CLASS-X
CH-4 GLOBALISATION AND THE INDIAN ECONOMY
Marking scheme
A.MULTIPLE CHOICE QUESTIONS
Q1 ( b) Globalization
Q2 (a ) multinational company
Q3 (b) closeness to the markets in US and Europe

Q4 (c) Sun dram Fasteners (nuts and bolts)
B.ASSERTION AND REASON QUESTIONS

Q1 d). A is false but R is true.
Q2. a). Both A and R are true and R is the correct explanation of A.-
C. SOURCE BASED QUESTIONS:
Q1 1 (d) Impact of Globalisation

2.(d) All the above
3 . (d) All the above
4. (d) All the above
Q2 1.( b). investment Foreign

2. (d). Industrial and commercial ventures across globe
3 (c) Tap the benefits of low-cost production and a large market
4. (d) Interlinking of production across countries

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ASSIGNMENT

Q3.MNC’s set up their units in Eastern Europe because of

C. SOURCE BASED QUESTIONS:

1. Read the given extract and answer the following questions

Q3 (b) closeness to the markets in US and Europe

B.ASSERTION AND REASON QUESTIONS

C. SOURCE BASED QUESTIONS:

Q1 1 (d) Impact of Globalisation

Q2 1.( b). investment Foreign

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