AmbifulWorksheets
Practice that never repeats
CBSE · Class 10 · Social Science

Globalisation and the Indian Economy

Standard difficulty · 20 questions · 40 marks

Name: Date: Score: ____ / 40

Write full answers in Sections B and C. Answers are on the last page — try every question first!

Section A — Choose the correct answer8 × 1 = 8 marks
1.
A company that owns or controls production in more than one country is an:
  1. SEZ
  2. NGO
  3. SHG
  4. MNC
2.
What is meant by “quota”?
  1. a limit on the number of goods imported
  2. rapid integration of countries
  3. the body that sets rules for freer trade
  4. a zone with good facilities and tax holidays
3.
In the chapter, Asian Paints is:
  1. a US MNC that bought Parakh Foods
  2. an Indian car maker that became an MNC
  3. an Indian IT company that became an MNC
  4. an Indian paint company that became an MNC
4.
In 1991, India began wide liberalisation. How many years before 2053 was that?
  1. 61 years
  2. 63 years
  3. 72 years
  4. 62 years
5.
Suppose a car maker sells 136,000 cars in India and exports 180,000. How many cars does it make in India in all? (Ford: 88,000 sold, 181,000 exported in 2017.)
  1. 316,000 cars
  2. 136,000 cars
  3. 180,000 cars
  4. 44,000 cars
6.
A pair of jeans costs ₹6,400. If one US dollar is ₹75, about how many dollars is that, to the nearest dollar?
  1. $95
  2. $85
  3. $480,000
  4. $640
7.
An imported toy sells at 40% less than a local toy priced ₹560. What is the imported toy’s price?
  1. ₹520
  2. ₹224
  3. ₹784
  4. ₹336
8.
Which of these is a trade barrier?
  1. faster internet
  2. a bigger ship
  3. a new port
  4. a quota on imports
Section B — Short answer8 × 2 = 16 marks
9.
What is globalisation?
10.
Explain each term: (a) globalisation (b) quota
11.
What does the chapter say about (a) Tata Motors (b) Cargill Foods?
12.
Which came first, and by how many years? (a) Ford sold 88,000 cars in India and exported 181,000 (2017) (b) the anti-WTO protest took place in Hong Kong (2005)
13.
A company sells 95,000 cars in India and exports 213,000. What percentage of its output is exported, to one decimal place?
14.
A worker’s shift runs from 6 a.m. to 9 p.m., 7 days a week. How many hours a week is that, and what does it suggest about working conditions?
15.
India began wide economic liberalisation in 1991. How many years before 2025 was that, and what did liberalisation mean?
16.
Which country is each company from? (a) Asian Paints (b) Infosys
Section C — Longer answers4 × 4 = 16 marks
17.
How has globalisation affected Indian consumers and producers?
18.
Match each with its meaning: (a) SEZ (b) liberalisation (c) quota. Choose from: removing government barriers to trade; a limit on the number of goods imported; a zone with good facilities and tax holidays.
19.
In 2017 Ford sold 88,000 cars in India and exported 181,000. Suppose another MNC sells 131,000 and exports 209,000. (a) How many does it make in India in all? (b) What share is exported, to one decimal place? (c) Why do MNCs set up production in countries like India?
20.
Say whether each change helped or hurt, and explain one of them: (a) long working hours without overtime pay (b) new jobs in IT and services (c) better-quality products at lower prices (d) Indian companies such as Tata Motors becoming MNCs
AmbifulWorksheets
Practice that never repeats
CBSE · Class 10 · Social Science

Answer key

Globalisation and the Indian Economy · AW-10SS-GIE-2026-V1 · For parents — fold back or tear off before handing the sheet to your child.

QAnswerWorking
1(d) MNC—
2(a) a limit on the number of goods imported—
3(d) an Indian paint company that became an MNC—
4(d) 62 years2053 − 1991
5(a) 316,000 cars136,000 + 180,000
6(b) $856,400 ÷ 75
7(d) ₹33640% off 560
8(d) a quota on imports—
9The rapid integration of countries through trade, investment, technology and movement of people.—
10(a) rapid integration of countries (b) a limit on the number of goods imported—
11(a) an Indian car maker that became an MNC (b) a US MNC that bought Parakh Foods—
12The anti-WTO protest took place in Hong Kong, by 12 years2017 − 2005
1369.2%213,000 ÷ 308,000 × 100
14105 hours; long hours with little rest, showing insecure, flexible work.(21 − 6) × 7
1534 years; removing government barriers on trade and investment.2025 − 1991
16(a) India (b) India—
17Consumers get more choice, better quality and lower prices; some firms grew into MNCs, but many small producers faced tough competition.—
18(a) a zone with good facilities and tax holidays (b) removing government barriers to trade (c) a limit on the number of goods imported—
19(a) 340,000 (b) 61.5% (c) Lower costs, skilled workers, a large market and closeness to other markets.131,000 + 209,000; 209,000 ÷ 340,000 × 100
20(a) hurt (b) helped (c) helped (d) helped—