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SAI INTERNATIONAL SCHOOL
SESSION 2020-21
CLASS-X

ECONOMICS- Ch-4- GLOBALISATION AND THE INDIAN ECONOMY
HOME ASSIGNMENTS
SUB-TOPIC- 5
Liberalisation of foreign trade and foreign investment policy

OBJECTIVE ASSIGNMENT

1 Till which time period, production was organised within the countries?
a) Middle of twentieth century
b) End of twentieth century
c) Starting of twentieth century
d) Till nineteenth century

2 Why did the Indian Government restricted foreigntrade after independence?

a) To protect domestic producers
b) To increase competition
c) To know the international level of quality
d) To help the consumers
3 When did the Indian Government introduced a policy of liberalisation known as ‘New
Economic Policy’ ?
a) 1980
b) 2000
c) 1994
d) 1991
4 To check the free flow of Chinese goods in the Indian markets, what the Indian
government can do?
a) Ban trade with China
b) Impose tax on imports
c) Impose tax on exports
d) Complain to UNO
5 Under liberal policy there has been removal of ________________ restrictions:
a) Legal
b) Trade