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Liberalisation , Privatisation and Globalisation Test - 3

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Liberalisation , Privatisation and Globalisation Test - 3
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Weekly Quiz Competition
  • Question 1
    1 / -0.25

    ______ refers to relaxation of produce government restriction usually in areas of social and economic polices:

  • Question 2
    1 / -0.25

    FDI means:

  • Question 3
    1 / -0.25

    EFCG stands for ______:

  • Question 4
    1 / -0.25

    EXIM policy was announced in :

  • Question 5
    1 / -0.25

    The Foreign trade Policy has ______

  • Question 6
    1 / -0.25

    Disinvestment means selling of a public investment to a ______:

  • Question 7
    1 / -0.25

    100 percent privatisation in India has taken place of:

    Solution

    Privatisation means a transfer of ownership, management, and control of public sector enterprises to the private sector. 
    Ajit Kerkar 's Tulip Hospitality acquired the Juhu Centaur the government under the privatisation programme.

  • Question 8
    1 / -0.25

    Cross Holding is a method of _____:

  • Question 9
    1 / -0.25

    CIF stands for :

  • Question 10
    1 / -0.25

    Privatisation can be achieved by :

  • Question 11
    1 / -0.25

    The past two decades of globalisation has seen rapid movements in:

  • Question 12
    1 / -0.25

    The most common route for investments by MNCs in countries around the world is to:

  • Question 13
    1 / -0.25

    Globalisation has led to higher standards of living of:

    Solution

    When countries open up to trade, they tend to grow faster and living standards tend to increase. Since dur to globalization, people with great wealth having higher purchasing power can will affect their standard of living. With globalization there will be more varieties of international brands in the market to purchase from. 

  • Question 14
    1 / -0.25

    A company that owns or controls production in more than one nation is called:

  • Question 15
    1 / -0.25

    Where do MNCs choose to set up production?

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