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CBSE Class 10 Economic Development & Banking — practice questions — page 10

Explore 404 free Economic Development & Banking questions in CBSE Class 10 Social Science. Open each question or exercise to read its content, reference answers and available explanation.

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Economic Development & Banking questions and exercises with answers

Showing questions 271–300 of 404.

Globalisation, by connecting countries, leads toRead the answer and worked solution →Goods placed in containers that can move intact by ship, rail, plane or truck helped globalisation byRead the answer and worked solution →Which development made it cheap to share instant messages across the world?Read the answer and worked solution →Rapid change in which area is a major factor stimulating globalisation?Read the answer and worked solution →A limit on the number of goods that can be imported is known as aRead the answer and worked solution →Why did India put barriers on foreign trade after Independence?Read the answer and worked solution →Which goods did India allow to be imported in the early decades after Independence?Read the answer and worked solution →Around which year did India begin far-reaching policy changes to open its economy?Read the answer and worked solution →Why did the government feel competition would help Indian producers?Read the answer and worked solution →Developing countries complain that developed countries in practice haveRead the answer and worked solution →Which sector gives the bulk of employment in India, unlike in the USA?Read the answer and worked solution →What does the US government give its farmers that lets them sell cotton at very low prices abroad?Read the answer and worked solution →Who gained most from better choice and lower prices after globalisation?Read the answer and worked solution →MNCs have mostly invested in India in industries servingRead the answer and worked solution →What are industrial zones with world class facilities, set up to attract foreign companies, called?Read the answer and worked solution →Companies in Special Economic Zones do not have to pay what for an initial period?Read the answer and worked solution →Infosys is cited as an Indian multinational in which field?Read the answer and worked solution →Which kind of service work is now done cheaply in India and exported to developed countries?Read the answer and worked solution →Which small industries were hit hard by competition after trade barriers fell?Read the answer and worked solution →Small and medium industries employ about 11 crore workers, second only toRead the answer and worked solution →Under what working arrangement are workers hired for short periods in busy seasons?Read the answer and worked solution →Why do garment exporters employ workers only on a temporary basis?Read the answer and worked solution →Most workers in India today are employed in theRead the answer and worked solution →Fair globalisation would create opportunities for all and alsoRead the answer and worked solution →The 1991 reforms in India followed a crisis in which reserves covered only about how long?Read the answer and worked solution →Which event in 1990-91 hit India through an oil price spike and lost remittances?Read the answer and worked solution →Who was Prime Minister when the 1991 liberalisation reforms were launched?Read the answer and worked solution →The 1991 policy pre-approved foreign equity participation of up toRead the answer and worked solution →Which 1984 policy eased technology imports and spurred India's software growth?Read the answer and worked solution →After independence, India's economic policy leaned towardsRead the answer and worked solution →

Worked practice questions

Globalisation, by connecting countries, leads to

  1. Less competition
  2. No change in rivalry
  3. More competition
  4. A ban on exports
Show answer and solution

Correct answer: C. More competition

Producers in linked markets compete closely even across thousands of miles, so competition rises.

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Goods placed in containers that can move intact by ship, rail, plane or truck helped globalisation by

  1. Raising port costs
  2. Slowing down exports
  3. Cutting handling costs
  4. Closing the ports
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Correct answer: C. Cutting handling costs

Containers cut port handling costs and increased the speed with which exports reach markets.

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Which development made it cheap to share instant messages across the world?

  1. Steam engines
  2. Internet and e-mail
  3. Bullock carts
  4. Printing blocks
Show answer and solution

Correct answer: B. Internet and e-mail

The Internet allows instant electronic mail and voice-mail across the world at negligible cost.

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