Globalization
1 Mark Question
Fill the blanks
1. ..... and ..... are economic organisations. - WHO , IMF
2. It has a major role in promoting globalization. - Technology
3. The first meeting of the World Social Forum was held in 2001 in - Port Algore
4. Globalization is a ..... concept . - Multifunctional
5. Globalization tax resistance was done in India by - Leftists, Rightists
Tick True or False against the following
6. Globalization is related to the flow of goods, capital and services from one country to another. - Right
7. Globalization is primarily a political concept. - Wrong
8. Globalization started spreading from 1993 onwards. - Wrong
9. India has benefited from globalization. - Right
The following question contains two statements. One is called Assertion A and the other is called Reason R. You have to examine both the statements and decide on the basis of the following codes and mark your answer.
Codes: (a) Both A and R are correct 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 and R is correct.
10. Statement A : Globalization is a capitalist process, whose main and ultimate objective is to promote capitalism. Reason R : Globalization benefits everyone whether they are developed countries or developing or underdeveloped. - ( c)
Reason R : Globalization limits the role of the state. - ( a )
Reason R : Globalization is also a factor of cultural homogeneity. - ( b )
Reason R : Employment opportunities have increased due to globalization. - ( d )
14. Statement A : Technology has a major role in the spread of globalization.
Reason R : The intensity of technology and information reduces the efficiency of the states. - ( c)
