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Class 10 Social Science Chapter 4: Globalisation and the Indian Economy — practice questions with answers

Free practice for Class 10 Social Science, Chapter 4: Globalisation and the Indian Economy. Try the solved questions below, then take a free test with instant marking and explanations.

43 questions17 easy, 19 medium, 7 hardNCERT · CBSE · State boards
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Sample questions with solutions

Q1. A company that owns or controls production in more than one nation is called a ______.
  1. multinational corporation
  2. public sector undertaking
  3. cooperative society
  4. self help group
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Answer: A. multinational corporation
Why: MNCs set up offices and factories where labour and resources are cheap. [p.56]
Q2. The money spent to buy assets such as land, building, machines and other equipment is called ______.
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Answer: investment
Why: Investment made by MNCs is called foreign investment. [p.57]
Q3. Which American MNC bought over Parakh Foods and became the largest producer of edible oil in India?
  1. Cargill Foods
  2. Ford Motors
  3. Nike
  4. Coca-Cola
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Answer: A. Cargill Foods
Why: Cargill can make 5 million pouches daily. [p.58]
Q4. Removing barriers or restrictions set by the government is known as ______.
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Answer: liberalisation
Why: The government becomes more liberal. [p.64]
Q5. Starting around which year were far-reaching changes made in India's trade and investment policy?
  1. 1991
  2. 1951
  3. 1971
  4. 2011
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Answer: A. 1991
Why: Barriers on foreign trade and investment were removed to a large extent. [p.64]
Q6. About how many countries are members of the World Trade Organisation?
  1. About 160
  2. About 60
  3. About 250
  4. About 20
Show answer
Answer: A. About 160
Why: WTO was started at the initiative of developed countries. [p.65]

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Frequently asked questions

How many practice questions are there for Class 10 Social Science Chapter 4: Globalisation and the Indian Economy?

43 questions (17 easy, 19 medium, 7 hard). A few are solved on this page; the free test shows the answer and explanation for every question after you submit.

Is this chapter from the NCERT book?

Yes — it follows the NCERT Class 10 Social Science syllabus, used by CBSE and many state boards.

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