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Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column I: Column I - (A) Globalisation (B) Privatisation (C) Liberalisation (D) WTO - Economic Applications

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Question

Identify the correct sequence of alternatives given in Column II by matching them with respective terms in Column I:

Column I Column II
(A) Globalisation (i) Promotes multilateral trade
(B) Privatisation (ii) Integration of Indian economy with the world economy
(C) Liberalisation (iii) Removal of restrictions on trade and industry
(D) WTO (iv) gives greater role to private sector

Options

  • A - (i), (B) - (ii), (C) - (i), (D) - (iii)

  • A - (iv), (B) - (iii), (C) - (i), (D) - (ii)

  • A - (ii), (B) - (iv), (C) - (iii), (D) - (i)

  • A - (ii), (B) - (i), (C) - (iv), (D) - (iii)

MCQ
Match the Columns
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Solution

A - (ii), (B) - (iv), (C) - (iii), (D) - (i)

Explanation:

Column I Column II
(A) Globalisation (ii) Integration of Indian economy with the world economy
(B) Privatisation (iv) gives greater role to private sector
(C) Liberalisation (iii) Removal of restrictions on trade and industry
(D) WTO (i) Promotes multilateral trade
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Chapter 13: Globalisation - QUESTIONS [Page 181]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 13 Globalisation
QUESTIONS | Q 5. | Page 181
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