What is/are the major areas where consequences of Globalisation can be seen heavily?
A. Cultural
B. Political
C. Economic
D. All of these
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What is Globalisation?
A. It is flow of ideas from one part of the world to another
B. Movement of people from one part to another in search of better jobs and life
C. It is flow of commodities from one part of the world to another
D. All of the above
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The latest WSF meeting was held in . . . . . . . . in . . . . . . . .
A. Brazil, 2018
B. Ghana, 2010
C. India, 2018
D. Venezuela, 2018
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Globalisation is unique in its nature because of its . . . . . . . . and . . . . . . . . flows.
A. Scale, Speed
B. Cultural, Economic
C. National, International
D. Length, Breadth
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Which Indian industries have been hit by globalisation?
A. Cement
B. Jute
C. Toy making
D. Information technology (IT)
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With the globalisation of markets, the tastes and preferences of consumers world-wide are
A. Becoming similar to the tastes and preferences of American consumers
B. Being encouraged by multinational organizations to become increasingly similar
C. So different that they can be ignored by international organizations
D. Converging upon a global norm
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The right-wing parties in India mostly object against . . . . . . . . Globalisation.
A. Economic
B. Political
C. Social
D. Cultural
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Globalisation is about flows. What are those flows?
1. Ideas
2. Capital
3. Commodities
4. People
A. 1 and 2
B. 1, 2, 3, 4
C. 2 and 4
D. 4
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What has been one major factor that has stimulated the globalisation process?
A. Availability of cheap labour in developing countries
B. Availability of unexploited resources in developing countries
C. Some countries are good in the landscape for natural resources
D. Rapid improvement in technology
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In 1986-87, the overall fiscal deficit of India touched an all-time high of
A. 5% of GDP
B. 7% of GDP
C. 9% of GDP
D. 10% of GDP
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During the colonial period, India became an
A. Importer of primary goods and raw materials
B. Exporter of finished goods and also raw materials
C. Exporter of primary goods and importer of raw materials
D. Exporter of primary goods and raw materials
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Which statement about Economic Globalisation is not correct?
1. People do not need Visa to travel to other countries
2. The consequence of economic globalisation is same across all countries
3. It has brought the entire world all together, without any divisions
4. Developed countries have opened up their borders for people from other countries
A. 1 and 2
B. 1, 2 and 3
C. 2 and 4
D. 3 and 2
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India implemented the New Economic Policy in the year
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The main aspect of Globalisation is . . . . . . . .
A. Worldwide inter connectivity
B. International trade
C. Mutual cooperation
D. All of the above
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Entry of MNCs in a domestic market may prove harmful for
A. All large scale producers
B. All domestic producers
C. All substandard domestic producers
D. All small-scale producers
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Which of these organisations emphasises on the liberalisation of foreign investment and foreign trade?
A. International Monetary Fund
B. World Health Organisation
C. World Trade Organisation
D. International Labour Organisation
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What is the amalgamation and rapid unification between countries identified as?
A. Globalisation
B. Liberalisation
C. Socialisation
D. Privatisation
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What are the key ideas behind understanding the process of globalisation and its impact?
A. Integration of production
B. Integration of gross profits
C. Integration of markets
D. A and C
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Which year did the protest at the WTO Ministerial meeting against unfair trading take place?
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Which statement is not true about globalisation?
A. It has only positive impacts
B. It has only negative impacts
C. It impacts only poor countries
D. All of the above
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