Top 150+ Solved Issues in International Politics MCQ Questions Answer
Q. Which of the following is known as the Paper Gold?
a. us dollar
b. pound
c. demand draft
d. special drawing right
Q. Special Drawing Right (SDR) was introduced in the……………….by the IMF tosolve the problem of International liquidity.
a. 1969
b. 1970
c. 1971
d. 1972
Q. The past two decades of globalisation has seen rapid movementsin……………………
a. goods, services and people between countries
b. goods, services and investments between countries
c. goods, investments and people between countries
d. none of these
Q. The most common route for investments by MNCs in countries around the world isto………………………
a. set up new factories
b. buy existing local companies
c. form partnerships with local companies
d. both (a) and (b)
Q. Globalisation has led to higher standards of living of…………………….
a. well-off consumers
b. poor consumers
c. big producers
d. small producers
Q. A company that owns or controls production in more than one nation iscalled……………………………
a. multinational corporation
b. joint stock company
c. global company
d. none of these
Q. Where do MNCs choose to set up production?
a. cheap goods
b. cheap labour resources
c. economic sustainability
d. none of these
Q. Ford Motors entered the Indian automobile business in collaboration with whichIndian manufacturer?
a. mahindra and mahindra
b. tata motors
c. maruti suzuki
d. hindustan motors
Q. Globalisation by connecting countries leads to……………………
a. lesser competition among producers
b. greater competition among producers
c. no competition between producers
d. none of these
Q. One major factor that has stimulated the globalisation process is………………
a. effective utilisation of resources
b. increase in income and wealth
c. willingness to cooperate
d. rapid improvement in technology
Q. Which out of the following is an example of a trade barrier?
a. foreign investment
b. delay or damage of goods
c. tax on imports
d. none of these
Q. Removing barriers or restrictions set by the government is called:
a. liberalisation
b. investment
c. favourable trade
d. free trade
Q. WTO aims at………………………
a. establishing rules for domestic trade
b. restricting trade practices
c. liberalising international trade
d. none of these
Q. Globalisation has created new opportunities of…………………………
a. employment
b. emerging multinationals
c. providing services
d. all of the above
Q. One major government initiative to attract foreign companies to invest in Indiais…………………………
a. to raise the standard of education
b. to promote unemployment in the public sector
c. to build special economic zones
d. both (a) and (c)