Question 30. 14. Answer: (b) In different countries (c) (i) and (ii) (c) They have world-class facilities. Give reasons for your answer. (d) (i) and (iii), 22. These solutions are explained in detail so that students can easily understand them. These solutions are provided by expert teachers at IndCareer. Rapid improvement in technology has been one major factor that has accelerated the ……………………… process. Under globalization the countries that hitherto closed to trade and foreign investment open up their economies and go global. Globalisation, by connecting countries, shall result in (b) Good location NCERT Solutions Class 10 Social Science (Economics) Chapter 4 Globalization and the Indian Economy – Here are all the NCERT solutions for Class 10 Social Science (Economics) Chapter 4. Use MCQ Questions for Class 10 Maths with Answers during preparation and score maximum marks in the exam. The result is increasing interconnectedness and integration of the economies of the world. (b) Collateral Use the above-provided NCERT MCQ Questions for Class 10 Economics Chapter 4 Globalisation and the Indian Economy with Answers Pdf free download and get a good grip on the fundamentals of real numbers topic. Question 26. 12. 3. The MNCs decide their price, quality, delivery, and labour conditions for these distant producers. [CBSE (CCE) 2012] (a) Parakh Foods (c) Trade (b) Maruti 10. NCERT Class 10 Social Science Chapter-wise Solutions Economics. To achieve the goal of fair globalisation, a major role can be played by Explain in your own words. (a) Rich countries (d) All the above factors, Answer: (d) All the above factors Now goods could be imported and exported easily. (b) Asian Paints (c) The people 14. (d) None of the above. Read the best answers to sore high in your school and board examinations. Explain with an example other than those given here. Vedantu doesn’t leave any question or concept that is important for the exams. (c) 4 million (iii) Latest technology for production (b) greater competition among producers. Since investment is made by a foreign country it is called foreign investment. (d) Movement of people between countries for jobs, education etc. (a) Than a few years back Class 10 Social Science chapter wise NCERT solution for Social Science part 1 part 2 Part 3 and Part 4 for all the chapters can be downloaded from our website and myCBSEguide mobile app for free. (c) Industralisation (a) Transportation technology (b) International Monetary Fund While consumers have more choices in the market, the effect of rising demand and purchasing power has meant greater competition among the producers. (b) Liberalisation How would you respond to these organisations? Globalisation is the process of rapid integration or inter connecting between countries. (b) 1995 Here You Will Find All Solved Question Answers From NCERT Economics For Class 10 From chapter 1, 2, 3, 4, 5 A company that owns or controls production in more than one nation is called: (c) 139 (c) Developed countries These investments have benefited people in a, number of ways which has resulted in the development of the country. On this page, we are providing free NCERT Solutions of Class 10 Economics Chapter 4. (a) International investment (d) Free trade, 8. Answer: (d) The globalisation process In India Ford Motor’s has collaborated with: So, you can better your chances of scoring high marks by referring to the Class 10 Economics Chapter 4 NCERT Solution. 9. Download NCERT Solutions for Class 10 Economics, Get free Class 10 Economics solutions for questions for all chapters in Class 10 Economics solved by best teachers as per latest NCERT (CBSE) book syllabus and guidelines. 4. 1. After assuring above conditions, MNCs set up factories and offices for production. All countries in the world should liberalise their policies. (a) IT MNCs are playing a major role in: We will see the development in terms of three sectors, primary, secondary and tertiary sectors. (a) International Labour Organisation (b) been decreasing (a) Reducing cost of raw materials They can buy anything of their choice costly or cheap. (b) Government has allowed flexibility in labour laws. NCERT Class 10 Social Science Economics Solutions: Chapter 4-Globalisation and the Indian Economy Part 3 Glide to success with Doorsteptutor material for CBSE : fully solved questions with step-by-step explanation - practice your way to success. While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater ________________among the producers. (d) Than a few decades back, Question 7. (b) goods, services and investments between countries. (a) UNICEF This is closely associated with the process of globalisation. Rapid improvement in technology has been major factor that has stimulated the globalisation process. 12. (c) General Motors These solutions are provided by expert teachers at IndCareer. (c) National Company (d) Closeness to the markets in the US and Europe. (c) Educated labour and other resources (a) goods, services and people between countries. ECONOMICS- Class 10- NCERT - Chapter 4 -Globalisation and Indian Economy [PART 1] - Duration: 10:14. Also, in globalisation, the domestic market opens up for foreign companies to invest in them. (b) Production of raw materials across countries Which one of the following Indian industries has been hit hard by globalisation? Some local companies that supply raw materials to MNCs have also benefited. NCERT Solutions for Economics Class 10 Download as PDF. Rapid integration or interconnection between countries is known as These restrictions helped to attain technological capability within the country. 4. Chapter 4; Chapter 5; NCERT Books Class 10 Economics PDF for free download. (c) Sundrop (b) In different countries (a) Indigenous investment MNCs buy up local companies to expand production. (c) Import barrier MNCs set up offices and factories for production in regions where they can get: Which of the following are the world’s largest automobile manufacturer: Developed countries want developing countries to liberalise their trade and investment because then the MNCs belonging to the developed countries can set up factories in less-expensive developing nations, and thereby increase profits, with lower manufacturing costs and the same sale price. (b) Globalisation (iv) All of them (a) Globalisation (c) WTO (a) The government (d) All of them, 25. 11. Answer: (d) Shared better W.T.O. Question 8. Chapter 2: Sectors Of The Indian Economy Chapter 3: Money And Credit Chapter 4: Globalisation And The Indian Economy Chapter 5: Consumer Rights Class 10 Economics NCERT Solutions PDF for free download. Next Prev Home. (b) (ii) and (iii) If you are a student of class 10 who is using NCERT Textbook to study Social Science (Economics), … 12. All developed countries, during the early stages of development, have given protection to domestic producers through a variety of means. If you have any doubts, please comment below. Earlier, several developing countries had placed barriers and restrictions on imports and investments from abroad to protect domestic production. Markets in India are selling goods produced in many other countries. The aim of ……………………… is to liberalise international trade. (c) Cheap manufacturing location Allowing private sector to set up more and more of such industries as were previously reserved for the public sector. (ii) (b) 2000 crore to set up a plant near Mumbai. Which one of the following type of countries has been more benefited from globalisation? There would be an unrestricted exchange of capital, technology, and experience between India and other countries of the world. 13. (а) In same countries (b) 5 million Know your preparation level on MCQ Questions for Class 10 Social Science with Answers. China provides the advantage of being a cheap manufacturing location. (c) Communication technology (c) And services are produced globally It has a capacity to make 5 million pouches daily. (d) None of the above, Question 19. India has highly unskilled engineers who can not understand the technical aspects of production. (b) Reducing advertising and marketing cost Question 6. (a) Outside the countries (a) Raw materials The buyers too have a choice between the goods produced in different parts of the world. Benefit to the local company of joint production with MNCs is (b) Amul Some MNCs start as an independent entity right from the beginning. Creation of special economic zones has disrupted the lives of people who are displaced such as tribals. Question 5: Why do developed countries want developing countries to liberalise their trade and investment? (a) been rising 5. Answer: Question 9: Globalisation will continue in the future. (b) Where there is skilled and unskilled labour available at low costs (b) 19 million (b) World Bank (d) All the above. It is Ford Motors. It has collaborated with Parakh Foods. (d) Restriction on Export, 11. (ii) Moral and Social support It has been facilitated by satellite communication devices. It has helped production of services across countries. As a result of it new jobs have been created in developing countries. Availability of other factors of production e., raw material, etc. (c) (iii) and (iv) Consumer Rights Class 10 Economics Notes. Were removed to a large MNC, designs its products in the market, the number. 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