Globalization and Trade UPSC Questions Pdf - 1

Question: 1

Removing barriers or restrictions set by the Governments of different countries is known as ______

Answer:

Liberalization

Question: 2

The process of rapid integration or interconnection between countries is known as ______

Answer:

Globalization

Question: 3

The signing of the Final Act of the Uruguay Round by member nations of GATT in April 1994 paved the way for setting up of the ______

Answer:

WTO

Question: 4

A company that owns or controls production in more than one nation is known as ______

Answer:

Multinational Corporation

Question: 5

Investment made by multinational corporations is called ______

Answer:

Foreign Investment

Question: 6

In 1701 ______ was the headquarters of the French.

Answer:

Pondicherry

Question: 7

In the middle of the 20th century, production was mainly or largely organised ______

Answer:

Nationally

Question: 8

In 1605, Admiral van der Hagen established ______

Answer:

Dutch

Question: 9

The Foreign Exchange Regulation Act, 1974 referred directly to the operations of ______ n India.

Answer:

MNCs

Question: 10

The ______ conduct elections to local bodies with in the state.

Answer:

State government