Home »
MCQs »
Class 12 Political Science MCQs
Globalisation – Class 12 Political Science MCQs
Globalisation is the process of interaction and integration among people, companies, and governments worldwide.
This section contains the multiple-choice questions and answers on Class 12 Political Science - Globalisation. Practice these MCQs to learn and test the skills of Globalisation.
MCQs on Globalisation
1. What is globalisation?
- Flows of Ideas
- Exchange of goods
- Flows of capital
- All of the above
Answer: D) All of the above
Explanation:
Globalisation means the flows of ideas, capital, commodities, and people across different parts of the world. It is a multidimensional concept.
2. What is the IMF?
- Indian monetary fund
- International monetary fund
- Investment monetary fund
- Indian military fund
Answer: B) International monetary fund
Explanation:
IMF stands for The International Monetary Fund.
3. Which of the following is an example of globalization?
- McDonald's
- Water
- Military
- None of the following
Answer: A) McDonald's
Explanation:
McDonald's is the most prominent representation and symbol of globalization.
4. What are trade barriers?
- restraint on the flow of international goods or services
- restraint on the flow of Indian goods or services
- Ban on the making of goods
- Tags on the packed goods
Answer: A) restraint on the flow of international goods or services
Explanation:
A barrier to trade is a government-imposed restraint on the flow of international goods or services.
5. Who came first to India for trading?
- Britishers
- Germans
- Vasco de Gama
- William Hawkins
Answer: C) Vasco de Gama
Explanation:
Portuguese explorer Vasco de Gama becomes the first European to reach India via the Atlantic Ocean when he arrives at Calicut on the Malabar Coast.
6. Where did the 1857 revolt start?
- Agra
- Delhi
- Meerut
- Wazirabad
Answer: C) Meerut
Explanation:
1857 revolt was started in Meerut.
7. Who started east India?
- William Hawkins
- Thomas Smythe
- John Watts
- Both B and C
Answer: D) Both B and C
Explanation:
Thomas Smythe and JohnWatts started the East India Company.
8. Which of the following are the basic aspects of globalization?
- Transactions
- Capital
- Migration
- All of the above
Answer: D) All of the above
Explanation:
In 2000, the International Monetary Fund (IMF) identified four basic aspects of globalization: trade and transactions, capital and investment movements, migration and movement of people, and the dissemination of knowledge.
9. In which year did India remove trade barriers?
- 2009
- 1876
- 1988
- 1991
Answer: D) 1991
Explanation:
In New Economic Policy in 1991, the government wished to remove these barriers because it felt that domestic producers were ready to compete with foreign industries.
10. The first WSF meeting was held in?
- Brazil
- Sri Lanka
- India
- Paris
Answer: A) Brazil
Explanation:
The World Social Forum is an annual meeting of civil society organizations that was first held in Brazil.