Chapter 9: Globalisation — Online MCQ Test
SOCIAL STUDIES · CLASS 10th · Telangana State Board
Practice Chapter 9: Globalisation with a free chapter-wise online MCQ test.
This chapter covers: This chapter investigates how Multinational Corporations (MNCs) integrate global markets through foreign trade and investment. It examines the driving forces behind globalization s....
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Chapter 9: Globalisation — Important Questions & Answers
What is meant by globalisation?
- A. The process of expanding only local markets within a country
- B. The integration of markets and production across different countries
- C. The closing of trade between countries
- D. The replacement of all local industries by government-owned firms
Answer: B. The integration of markets and production across different countries
Globalisation refers to the integration of markets and production across countries. It connects producers, consumers, and markets worldwide.
Globalisation refers to the integration of markets and production across countries. It connects producers, consumers, and markets worldwide.
Which of the following is a Multinational Corporation (MNC)?
- A. A company that operates only in one village
- B. A company that has production and/or sales in more than one country
- C. A company owned only by farmers
- D. A small shop selling local goods
Answer: B. A company that has production and/or sales in more than one country
An MNC is a large company that operates in more than one country. It may set up factories, offices, or sales centres abroad.
An MNC is a large company that operates in more than one country. It may set up factories, offices, or sales centres abroad.
Why do MNCs often set up production close to markets?
- A. To increase transport costs
- B. To reduce delivery time and reach consumers quickly
- C. To avoid selling goods
- D. To depend only on local governments
Answer: B. To reduce delivery time and reach consumers quickly
Locating production nearer to markets helps MNCs save time and meet consumer demand efficiently.
Locating production nearer to markets helps MNCs save time and meet consumer demand efficiently.
A company in India receives raw materials from three countries, manufactures goods here, and sells them in many countries. This is an example of:
- A. Local self-sufficiency
- B. Global production by an MNC
- C. No international trade
- D. Only domestic marketing
Answer: B. Global production by an MNC
MNCs often spread production across countries by sourcing materials, manufacturing, and selling in different markets.
MNCs often spread production across countries by sourcing materials, manufacturing, and selling in different markets.
Which of the following statements about MNCs is correct?
- A. They operate only in their home country and never invest abroad
- B. They control production, quality, and sales in one country only
- C. They spread their activities across several countries to reduce costs and increase profits
- D. They are always small firms with limited capital
Answer: C. They spread their activities across several countries to reduce costs and increase profits
MNCs expand across countries to take advantage of cheaper labour, raw materials, markets, and technology.
MNCs expand across countries to take advantage of cheaper labour, raw materials, markets, and technology.