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c) Toymaking
d) Information Technology (IT)

6 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 : MNCs can exert a strong influence on production at distant locations.
Reason : MNCs set up partnerships with local companies, use local companies for
supplies, compete with the local companies or buy them up.
(a)Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true, but R is not the correct explanation of A.
(c) A is correct, but R is wrong.
(d) A is wrong, but R is correct.

7 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 : Due to foreign trade, producers in different countries closely compete
with each other.
Reason : Foreign trade leads to similar prices of good across boundaries, and the
producers who do not offer competitive prices may lose the market share.
(a)Both A and R are true and R is the correct explanation of A.
(b) Both A and R are true, but R is not the correct explanation of A.
(c) A is correct, but R is wrong.
(d) A is wrong, but R is correct.

8 As a result of trade, Chinese toys come into the Indian markets. In the competition
between Indian and Chinese toys, Chinese toys prove better. Indian buyers have a
greater choice of toys and at lower prices. For the Chinese toy makers, this
provides an opportunity to expand business. The opposite is true for Indian toy
makers. They face losses, as their toys are selling much less. (Source A)
Analyse the information given above, considering one of the following
correct option :
a) Trade is good for the domestic producers
b) Trade is not favourable for Foreign Producers
c) Trade is favourable for the domestic consumers
d) Trade is equally beneficial for everyone

SUBJECTIVE ASSIGNMENT

Sl. Questions Page Marks Skill Level
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