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CBSE Class 10 Economic Development & Banking — practice questions — page 6

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 151–180 of 404.

Globalisation is the rapid integration or interconnection between:Read the answer and worked solution →Who is playing a major role in the globalisation process?Read the answer and worked solution →A tax on imports is an example of a:Read the answer and worked solution →Why is a tax on imports called a barrier?Read the answer and worked solution →After Independence, India put up trade barriers in order to:Read the answer and worked solution →In which decades were Indian industries described as just coming up?Read the answer and worked solution →Far-reaching changes in Indian policy started around:Read the answer and worked solution →The government expected competition to improve producers':Read the answer and worked solution →Removing barriers set by the government is known as:Read the answer and worked solution →Which organisation aims to liberalise international trade?Read the answer and worked solution →At whose initiative was the WTO started?Read the answer and worked solution →How many countries are members of the WTO?Read the answer and worked solution →Which group has unfairly retained trade barriers?Read the answer and worked solution →WTO rules have forced which group to remove trade barriers?Read the answer and worked solution →Match each term to its meaningRead the answer and worked solution →Before 1991, or after 1991?Read the answer and worked solution →True or false about globalisationRead the answer and worked solution →Order the shift in Indian trade policyRead the answer and worked solution →Sort each item by what it belongs toRead the answer and worked solution →Fill the gaps on globalisationRead the answer and worked solution →Spot the one that does not fitRead the answer and worked solution →Pick the right answer, quicklyRead the answer and worked solution →Per capita income of a country is its total income divided by what?Read the answer and worked solution →Another name for the average income of a country is what?Read the answer and worked solution →Which organisation brings out the World Development Reports?Read the answer and worked solution →In the Human Development Report, which health indicator is used?Read the answer and worked solution →Infant Mortality Rate measures deaths before what age, per 1,000 live births?Read the answer and worked solution →Which statement about average income is correct?Read the answer and worked solution →With equal average incomes, why is country A, where all are close in income, preferred?Read the answer and worked solution →Besides average income, which property of income matters when comparing societies?Read the answer and worked solution →

Worked practice questions

Globalisation is the rapid integration or interconnection between:

  1. Committees
  2. Communities
  3. Countries
  4. Companies
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Correct answer: C. Countries

1. Greater foreign trade and investment cause it. 2. Production and markets grow more integrated. 3. It is integration between countries. _Source: syllabus Social Science, 'Understanding Economic Development', Ch 4 'Globalisation and the Indian Economy'_

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Who is playing a major role in the globalisation process?

  1. MPs
  2. NGOs
  3. PSUs
  4. MNCs
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Correct answer: D. MNCs

1. Goods, services, investment and technology move more. 2. One kind of body drives most of that movement. 3. They are the MNCs. _Source: syllabus Social Science, 'Understanding Economic Development', Ch 4 'Globalisation and the Indian Economy'_

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A tax on imports is an example of a:

  1. Trade barrier
  2. Trade bargain
  3. Trade balance
  4. Trade banner
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Correct answer: A. Trade barrier

1. It makes imported goods cost more. 2. Imports then fall. 3. It is a trade barrier. _Source: syllabus Social Science, 'Understanding Economic Development', Ch 4 'Globalisation and the Indian Economy'_

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