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NCERT solutions for Class 10 Social Science chapter 4 - Globalisation and the Indian Economy

Social Science Economics Understanding Economic Development Class 10

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NCERT Social Science Economics Understanding Economic Development Class 10

Social Science Economics Understanding Economic Development Class 10 - Shaalaa.com

Chapter 4: Globalisation and the Indian Economy

Chapter 4: Globalisation and the Indian Economy solutions [Pages 72 - 73]

Q 1 | Page 72

What do you understand by globalisation? Explain in your own words.

Q 2 | Page 72

What was the reason for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?

Q 3 | Page 72

How would flexibility in labour laws help companies?

Q 4 | Page 72

What are the various ways in which MNCs set up, or control, production in other countries?

Q 5 | Page 72

Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?

Q 6 | Page 72

“The impact of globalisation has not been uniform.” Explain this statement.

Q 8 | Page 72

How has liberalisation of trade and investment policies helped the globalisation process?

Q 9 | Page 72

Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.

Q 10 | Page 72

Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these organisations?

Q 11 | Page 72

Fill in the blanks.

Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and ______________has meant greater ________________among the producers.

Q 12 | Page 72

Match the following.

(i)

MNCs buy at cheap rates from small producers

(a)

Automobiles

(ii)

Quotas and taxes on imports are used to regulate trade

(b)

Garments, footwear, sports items

(iii)

Indian companies who have invested abroad

(c)

Call centres

(iv)

IT has helped in spreading of production of services

(d)

Tata Motors, Infosys, Ranbaxy

(v)

Several MNCs have invested in setting up factories in India for production

(e)

Trade barriers

Q 13.1 | Page 73

Choose the most appropriate option.
The past two decades of globalisation has seen rapid movements in

  • goods, services and people between countries.

  • goods, services and investments between countries.

  • goods, investments and people between countries.

Q 13.2 | Page 73

Choose the most appropriate option.
 The most common route for investments by MNCs in countries around the world is to 

  • set up new factories.

  • buy existing local companies.

  • form partnerships with local companies

Q 13.3 | Page 73

Choose the most appropriate option.
Globalisation has led to improvement in living conditions.

  • of all the people

  • of people in the developed countries

  • of workers in the developing countries

  • none of the above

Chapter 4: Globalisation and the Indian Economy

NCERT Social Science Economics Understanding Economic Development Class 10

Social Science Economics Understanding Economic Development Class 10 - Shaalaa.com

NCERT solutions for Class 10 Social Science chapter 4 - Globalisation and the Indian Economy

NCERT solutions for Class 10 Social Science chapter 4 (Globalisation and the Indian Economy) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the CBSE Social Science Economics Understanding Economic Development Class 10 solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in Class 10 Social Science chapter 4 Globalisation and the Indian Economy are Impact and Fair Globalization, Concept for WTO, Concept of Globalization and Factors, Foreign Trade and Interaction of Markets, Production Across Countries.

Using NCERT Class 10 solutions Globalisation and the Indian Economy exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in NCERT Solutions are important questions that can be asked in the final exam. Maximum students of CBSE Class 10 prefer NCERT Textbook Solutions to score more in exam.

Get the free view of chapter 4 Globalisation and the Indian Economy Class 10 extra questions for Social Science and can use Shaalaa.com to keep it handy for your exam preparation

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