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SAI INTERNATIONAL SCHOOL
SESSION 2020-21
CLASS-X

ECONOMICS- Ch-4- GLOBALISATION AND THE INDIAN ECONOMY
HOME ASSIGNMENT
SUB-TOPIC- 7
Impact of globalization in India & The struggle for a fair globalisation

OBJECTIVE ASSIGNMENT

1 Globalisation will result in:
a) more competition among producers
b) less competition among producers
c) no change in competition among producers
d) no change in available options to consumers

2 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 coutries
d) producers of the developed country

3 A situation in which all the countries reap equally the benefits of foreign trades
equally is known as
a) Internationalisation
b) Fair globalisation
c) Liberalisation
d) Equal globalisation

4 The money spent on buying assets such as land, building, machinery etc is known
as
a) capital
b) rent
c) investment
d) production

5 In the question given below, there are two statements marked as Assertion
(A) and Reason (R). Read the statements and choose the correct option:
Assertion : Foreign trade creates an opportunity for the producers to reach beyond
the domestic markets.