LIWA

Globalisation and the Indian Economy

CBSE Class 10 · Social Science · Chapter 21

Past board exam questions

CBSE 2027 sample paper · 1 mark

In the following question, a statement of Assertion (A) is followed by a statement of Reason(R). Choose the appropriate answer from the options given below as the correct answer: Assertion (A): Multi-National Companies help in integrating production and markets across countries. Reason (R): They set up production units in one country and export goods and components to other countries. Choose the correct option-

  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
Show answer
Both A and R are true, and R is the correct explanation of A

CBSE 2027 sample paper · 3 marks

Improvements in technology and liberalization together have accelerated globalization. Evaluate.

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1. Technology: rapid improvements in transport, telecommunications, computers and the Internet allow fast movement of goods, services and information across countries at lower cost. 2. Liberalisation: removal of trade barriers and restrictions on foreign investment by governments makes it easier for businesses, including MNCs, to operate globally. 3. Together they increase interconnection between countries, integrate markets and expand opportunities for trade and investment, thus accelerating globalisation.

CBSE 2026 board paper · 1 mark

Why do some countries impose tariffs on imported goods in the context of globalization ? Choose the correct reason from the following options :

  1. To support free trade
  2. To protect local industries
  3. To attract investment
  4. To lower import costs
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To protect local industries

CBSE 2026 board paper · 1 mark

If companies decide to import cotton from other countries, what will be its impact on domestic cotton cultivation ? Choose the most appropriate option : I. Less profitable II. More profitable III. The price of domestic cotton will decrease IV. The price of domestic cotton will increase

  1. Only I and IV are correct.
  2. Only I and III are correct.
  3. Only II and III are correct.
  4. Only II and IV are correct.
Show answer
Only I and III are correct.

CBSE 2026 board paper · 1 mark

Which one of the following best describes liberalisation ?

  1. Protecting domestic industries
  2. Banning foreign companies
  3. Removal of restrictions on trade
  4. Restricting foreign investment
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Removal of restrictions on trade

CBSE 2026 board paper · 1 mark

The removal of barriers on foreign trade and investment by the Indian government has been called as :

  1. Industrialisation
  2. Nationalisation
  3. Privatisation
  4. Liberalisation
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Liberalisation

CBSE 2026 board paper · 1 mark

Which of the following is the main purpose of a trade barrier in global trade ? Choose the correct option.

  1. To promote the growth of foreign companies in a country
  2. To control the production of domestic industries
  3. To regulate foreign trade into the country
  4. To stop foreign trade between countries
Show answer
To regulate foreign trade into the country

CBSE 2026 sample paper · 1 mark

Recognize and choose the option that correctly matches the effects and consequent outcomes of globalization. | Column A (Effects of globalisation) | Column B (Outcomes) | |---|---| | 1. Increased foreign investment | i. Expansion of global markets and access to technology | | 2. Cultural exchange and awareness | ii. Loss of traditional jobs due to automation and cheaper labor elsewhere | | 3. Techonological exchange and awareness | iii. Spread of cultural practices, ideas, and values across borders | | 4. Growth of multinational corporations | iv. Large companies becoming dominant players in global markets | Choose the correct option:

  1. 1-iii, 2-ii, 3-i, 4-iv
  2. 1-iv, 2-ii, 3-i, 4-iii
  3. 1-ii, 2-iv, 3-iii, 4-i
  4. 1-i, 2-iii, 3-ii, 4-iv
Show answer
1-i, 2-iii, 3-ii, 4-iv