Globalisation

Q.

Who First Used the Word Globalisation?

Q. The history of globalisation can be classified into various stages. Which of the following is not one among those stages?

1. Proto globalisation
2. Paleo globalisation
3. Archaic globalisation
4. Modern globalisation

Q. Based on the history of globalisation, which of the following is the earliest stage of globalisation?

1. Proto globalisation
2. Archaic globalisation
3. Paleo globalisation
4. Medieval globalisation

Q. Which of the following innovations fuelled the process of globalisation during the 19th century?

1. Industrial weaving
2. Steam engine
3. Wheel
4. Machines
5. Telegraph
6. Robotics
7. Telephone
8. Machine learning

Q. Which of the following facilitated trade between China and Europe during the Hellenistic age?

1. G.T. Road
2. Silk Road
3. East Asian Road
4. Royal Persian Road

Q. Which of the following was not a beneficiary of the globalised trade among countries during the Hellenistic age?

1. Parthian Empire
2. Roman Empire
3. Chandela Dynasty
4. Han Dynasty

Q. Which of the following was the most significant feature of trade during the proto globalisation stage?

1. Trade expanded across the countries.
2. All business activities were owned by the state.
3. Trade largely became a private venture.
4. Public investment was the main source of capital.

Q. Assertion (A): A large volume of products, information, and capital can be transported from one country to another with less cost and increased speed.
Reasoning (R): Technology has increased the speed of globalisation.

1. Both A and R are true, and R is the correct explanation of A.
2. Both A and R are true, but R is not the correct explanation of A.
3. A is true, but R is false.
4. A is false, but R is true.

Q. Which of the following enterprises, established in 1600, resulted in a significant change in globalised trade?

1. Dutch East India Company
2. Portuguese East India Company
3. English East India Company
4. Spanish East India Company

Q. During the Islamic Age, which of the following goods did the Islamic merchants deal in?

1. Spices
2. Rubber
3. Horses
4. Textiles

Q. Which of the following are a few striking features of modern globalisation?

1. Mobilisation of capital and investment across countries
2. Growth of trade in services
3. Evolution of cross-border trade
4. Trade expansion by MNCs

Q. Which of the following is/are associated with archaic globalisation?

1. Indus Valley Civilisation
2. Rise of European maritime empires
3. Roman Empire
4. Silk Road

Q. Which of the following modern economists suggested that globalisation existed in the world during the third millennium BCE?

1. Theodore Levitt
2. Andre Gunder Frank
3. Finn E. Kydland
4. Alvin Hansen

Q. Which of the following economists introduced the term 'globalisation'?

1. J. M. Keynes
2. Karl Marx
3. Theodore Levitt
4. Henry J. Aaron