Globalisation

Q.

The predecessor to WTO was:

1. CFTW

2. GATT

3. WTOF

4. GCFT

Q.

Which of the following organisations does not facilitate the process of globalisation?

1. World Bank

2. Asian Bank

3. WTO

4. IMF

Q. Green Revolution means _________.

1. significant break through in the production of food grains
2. (A) and (B)
3. maintaining a high level agricultural production over a long period of time
4. eating green vegetables

Q.

Expand WTO.

1. World Trade Organisation

2. World Transport Organisation

3. World Tariff Organisation

4. World Tourism Organisation

Q.

How many countries signed the GATT when it was established?

1. 21

2. 23

3. 26

4. 30

Q. Main objective of Green Revolution was to __________.

1. Increase use of bullocks carts
2. Make everything green
3. Increase greenery in villages.
4. Increase cultivation of wheat and rice

Q. ______is a process of development of the world into a single integrate economic unit.(Privatisation, Liberalisation, Globalisation)

Q. The East India Company started a triangular trade between India-China-Britain

1. to take balance of trade in favour of the company
2. to get maximum profits
3. to attain favour from China
4. to get profit from India

Q. Answer the following in 3-4 sentences.

Q.

After the reforms, FDI in the country has:

1. Increased

2. Decreased

3. Remained unchanged

4. Indeterminate

Q.

The reform of welcoming foreign investment falls under which of the following categories?

1. Privatisation

2. Liberalisation

3. Globalisation

4. None of the above

Q. Which of the following comes under Economic infrastructure?

1. Transport
2. All of the above
3. Communication
4. Energy

Q. what are the components of globalization

Q. __________ has been founded to act as permanent watchdog on the International Trade.

1. IBRD
2. ADB
3. WTO
4. IMF

Q. Of the following which is the main course for the progress of globalisation in the world ?

1. Growing trade competition among the nations
2. Race of supremacy among the nations
3. Opposition to the establishment of world government
4. Growing interdependence of the nation on one another in the field of education, trade and technology

Q. _________ was founded to act as permanent watchdog on the international trade.

1. ISRD
2. WTO
3. ADS
4. DIMF

Q.

After the 1991 policy, limits on foreign equity holdings increased from 40% to ___ .