Chapter 4 Solutions — Globalisation and the Indian Economy

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Solutions

Overview

Step-by-step NCERT solutions for Globalisation and the Indian Economy (Chapter 4, CBSE Class 10 Social Science) — the full working for every question, not just the final answer. You can also read the Globalisation and the Indian Economy textbook chapter.

Solved

What these solutions cover

All 13 questions in Globalisation and the Indian Economy are solved in the PDF. Here's what's inside, exercise by exercise:

Short and Long Answer Questions

What do you understand by globalisation? Explain in your own words.
What were the reasons for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers?
How would flexibility in labour laws help companies?
What are the various ways in which MNCs set up, control or produce in other countries?
Why do developed countries want developing countries to liberalise their trade and investment? What do you think should the developing countries demand in return?
“The impact of globalisation has not been uniform.” Explain this statement.
How has liberalisation of trade and investment policies helped the globalisation process?
How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.

Fill in the Blanks

Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing…

Match the Following

1.
Match the following.
- (i) MNCs buy at cheap rates from small producers
- (ii) Quotas and taxes on imports are used to regulate trade
- (iii) Indian companies who have invested abroad
- (iv) IT has helped in spreading of production of services
- (v) Several MNCs have invested in setting up factories in India for production —
- (a) Automobiles
- (b) Garments, footwear, sports items
- (c) Call centres
- (d) Tata…

Choose the Most Appropriate Option

1.
The past two decades of globalisation has seen rapid movements in
- (a) goods, services and people between countries.
- (b) goods, services and investments between countries.
- (c) goods, investments and people between countries.
2.
The most common route for investments by MNCs in countries around the world is to
- (a) set up new factories.
- (b) buy existing local companies.
- (c) form partnerships with local companies.
3.
Globalisation has led to improvement in living conditions
- (a) of all the people
- (b) of people in the developed countries
- (c) of workers in the developing countries
- (d) none of the above

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