Pls give the Important repeated questions form class 10 globalisation and the Indian economy.
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• The MNC’s of a country sets up a production jointly with the local company of other country. State any one benefit of this joint production to the local company.
• Critically examine the impact of globalization in India
Evaluate the role of MNCs in the economic development of a country
• Foreign trade and Interaction of Markets
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Answer:
Sure
Questions :
1) What is meant by "Trade Barriers" ?
2) Why do MNC'S set up their offices and factories in those religions where they
get cheap labour and other resources?
3) Define the term Liberalisation.
Answers:
1) Restrictions imposed on import and export
2) To minimise cost of production and maximum profit earning.
3) Removing barriers or restrictions (tax barriers )
These are important 1 markers frequently asked questions from 'Globalisation and Indian Economy '
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