Class 10 Social Science: Globalisation and the Indian Economy important questions

Globalisation and the Indian Economy is a chapter of Class 10 Social Science for the Andhra Pradesh State Board. These 16 questions are marked Very Important, Important or Practice, and each answer has been checked by our team. Use them to revise, not as a prediction of what will come in the exam.

1. Practice · 1 marks

   1. Which is not an Indian MNC: Honda, Tata Motors, Ranbaxy, Infosys?

   Honda (it is a Japanese company).

2. Practice · 1 marks

   2. Which is the easternmost city: Patna, Mathura, Jaisalmer, Imphal?

   Imphal (in Manipur).

3. Practice · 1 marks

   3. Find the mismatched pair: Tata Motors – automobiles; Ranbaxy – IT; Asian Paints – paints.

   Ranbaxy – IT is mismatched. Ranbaxy makes medicines (pharmaceuticals).

4. Practice · 1 marks

   4. Which is not an Indian MNC? A. Apple B. Ranbaxy C. Sundaram Fasteners D. Infosys

   A. Apple (it is an American company).

5. Practice · 1 marks

   5. Arrange these countries from west to east: Japan, Mexico, France, China.

   Mexico, France, China, Japan.

6. Practice · 1 marks

   6. Which of these MNCs belongs to India? A) Infosys B) Ford Motors C) Google D) Samsung

   A) Infosys.

7. Important · 2 marks

   7. What is globalisation?

   Globalisation is the process of rapid integration, or interconnection, between countries through the movement of goods, services, investment (capital), technology and people across borders. MNCs play a major role in it.

8. Important · 2 marks

   8. "The impact of globalisation has not been uniform." Explain.

   Globalisation has benefited well-off consumers, skilled and educated people, and large companies: they have more choice, better products and new opportunities, and some Indian companies have become MNCs. But many small producers, such as makers of batteries, plastics, toys and dairy products, have been hit hard by competition and some have shut down. Many workers now have temporary jobs with low pay and no security. So its benefits have been unevenly shared.

9. Practice · 1 marks

   9. Which action best shows a balanced and cooperative approach to globalisation? A) The government should ban all foreign goods. B) All Indian producers should join foreign companies. C) The government should support Indian producers while also allowing fair foreign trade. D) Consumers should buy only foreign goods because they are cheaper.

   C) Support Indian producers while allowing fair foreign trade.

10. Practice · 1 marks

    10. Arrange these countries from west to east: South Korea, USA, Britain, China.

    USA, Britain, China, South Korea.

11. Important · 2 marks

    11. How would flexibility in labour laws help companies?

    Companies could employ workers 'flexibly', for short periods when there is intense work, so they would not have to keep a large permanent staff. This reduces their labour cost and helps them compete with foreign producers. (However, it often means less job security for workers.)

12. Important · 2 marks

    12. Globalisation will continue. Imagine what the world will be like 20 years from now.

    Countries will be even more connected through trade, investment, the internet and travel. More goods and services, such as online education, health care and entertainment, will be bought across borders. Multinational companies will grow, and technology like artificial intelligence will change jobs. People will have more choice, but governments will need to make globalisation fair so that small producers and workers also benefit.

13. Practice · 1 marks

    13. The main aim of MNCs is to A) provide more employment B) help developing nations C) earn greater profits D) work for the welfare of employees

    C) earn greater profits.

14. Practice · 1 marks

    14. Arrange these countries from west to east: China, USA, Iran, India.

    USA, Iran, India, China.

15. Important · 2 marks

    15. Analyse: 'Globalisation has created both opportunities and problems in India.'

    Opportunities: more choice and better-quality goods for consumers; MNC investment has created jobs; Indian companies such as Tata Motors and Infosys have become multinationals; service sectors like IT have grown. Problems: small producers and industries face tough competition, and some have shut down; many workers now have temporary, insecure jobs because of flexible labour practices; the benefits have gone mostly to the well-off.

16. Important · 2 marks

    16. Design two slogans encouraging Indian producers to compete in the global market.

    1) "Make in India, sell to the world." 2) "Quality first: Indian goods for global markets."