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State PSC Indian Economy — practice questions — page 8

Explore 387 free Indian Economy questions in State PSC Economics. Open each question or exercise to read its content, reference answers and available explanation.

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Indian Economy questions and exercises with answers

Showing questions 211–240 of 387.

MNCs set up production in regions where they can get:Read the answer and worked solution →Money spent to buy assets like land, buildings and machines is called:Read the answer and worked solution →Investment made by MNCs is called:Read the answer and worked solution →The most common route for MNC investment is to:Read the answer and worked solution →Cargill Foods, the American MNC, bought which Indian company?Read the answer and worked solution →Cargill became India's largest edible oil producer, able to make how many pouches daily?Read the answer and worked solution →Ford Motors has production spread over how many countries?Read the answer and worked solution →Ford Motors came to India in which year?Read the answer and worked solution →Ford spent Rs 1700 crore to set up a large plant near:Read the answer and worked solution →Ford's Indian plant was set up in collaboration with:Read the answer and worked solution →For a long time, the main channel connecting countries was:Read the answer and worked solution →Foreign trade connects markets in different countries, resulting in:Read the answer and worked solution →Globalisation is defined as the process of rapid ___ between countries.Read the answer and worked solution →Which transport innovation cut port handling costs and speeded exports?Read the answer and worked solution →A tax on imports is an example of a:Read the answer and worked solution →Removing restrictions set by the government on trade and investment is known as:Read the answer and worked solution →The World Trade Organisation aims to:Read the answer and worked solution →How many countries are members of the WTO, per the text?Read the answer and worked solution →Industrial zones with world class facilities set up to attract foreign investment are called:Read the answer and worked solution →Catch the globalisation driversRead the answer and worked solution →Pop the MNC methodsRead the answer and worked solution →Run the globalisation numbersRead the answer and worked solution →Slice the globalisation wordsRead the answer and worked solution →Barrier or liberalisationRead the answer and worked solution →Sort the globalisation cluesRead the answer and worked solution →Type the numberRead the answer and worked solution →Globalisation bingoRead the answer and worked solution →Every fourth Indian is poor. Roughly how many people lived in poverty in 2011-12?Read the answer and worked solution →The accepted average calorie norm for the rural poverty line is, per person per day:Read the answer and worked solution →The urban calorie norm used for the poverty line is, per person per day:Read the answer and worked solution →

Worked practice questions

MNCs set up production in regions where they can get:

  1. Warm weather
  2. Cheap labour
  3. Free land
  4. Gold mines
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Correct answer: B. Cheap labour

1. Lower costs mean greater profits. 2. They seek cheap labour and other resources. 3. Closeness to markets also matters. _Source: syllabus Understanding Economic Development, Chapter 4, Globalisation and the Indian Economy._

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Money spent to buy assets like land, buildings and machines is called:

  1. Interest
  2. Investment
  3. Revenues
  4. Dividend
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Correct answer: B. Investment

1. It is made hoping the assets earn profits. 2. Such spending is investment. 3. MNC investment is foreign investment. _Source: syllabus Understanding Economic Development, Chapter 4, Globalisation and the Indian Economy._

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Investment made by MNCs is called:

  1. Public spending
  2. Private lending
  3. Foreign investment
  4. Domestic saving
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Correct answer: C. Foreign investment

1. It buys land, buildings and machines abroad. 2. MNC investment is foreign investment. 3. It may be joint with local companies. _Source: syllabus Understanding Economic Development, Chapter 4, Globalisation and the Indian Economy._

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Current AffairsOrganisationsPlanning And EconomyIndian PolityAgricultureIndependent IndiaColonial IndiaModern Indian History