••Globalisation and the Indian economy wale chapter ke important questions ye ho sakte h aur is type ke questions thode tricky bn ke bhi aa sakte h :-

••1) How does foriegn trade play an important role in integrating the markets across the countries? Explain ( CBSE 2009, 2010, 2012, 2011, 2014,2015 , 2016, 2018)

••2) How does government attract foriegn investment ? explain different ways( CBSE 2011, 2014 ,2012)

••3) " information and communication technology has played a major role in spreading out production of service across countries ." support the statement with suitable examples. ( CBSE 2012, 2013, 2016,2014,2008)

••4) what changes have occurred in India due to the adoption of the policy of liberalisation and globalisation ? ( CBSE 2008,2018,2012,2014,2015)

••5) " MNC is playing an important role in the globalisation process " justify the statement by giving suitable arguments . ( CBSE 2014,2016,2012)

••6) What are the reason for putting Barriers to foriegn trade and foriegn investment by the Indian government after independence ? ( CBSE 2011,2008,2012,2014)

••7) "There are a variety of ways through which MNC spread their production " explain ( CBSE 2008,2009,2010,2014, 2015,2016)

••8) what is the meaning of liberalisation of foreign trade ? what does it mean in the Indian context ? ( CBSE 2012)

••9) Suggest any three measures to make globalisation just and fair? ( CBSE 2011, 2012 )

HOTS questions :-

¶¶1) How have Indian markets been transformed in recent years ? explain with examples .( CBSE 2013,2014,2015,2016)

¶¶2) What are special economic zones ? why have they set up ? ( CBSE 2012)

¶¶3) "The impact of globalisation has not been visualised uniformly among producers and workers " explain ( CBSE 2014,2016)

¶¶N lastly Ncert ki exercise ek Baar Dekh lo aur... aur jara chhoti chhoti cheezo ke baare mein bhi Dekh lo jaise advantages and disadvantages of MNC , what is WTO , drawbacks of globalisation , features of MNC , impact of Globalisation on workers and producers ..¶¶

**Globalization (Economics) - Important Questions - Class 10 CBSE**

Globalization refers to the increasing interconnectedness and interdependence of countries through the exchange of goods, services, information, and ideas. It has had a significant impact on various aspects of the economy and society. Here are some important questions related to globalization in economics for Class 10 CBSE students:

**1. What is globalization?**
- Globalization is the process of integration and interaction among countries, businesses, and people worldwide.
- It involves the exchange of goods, services, information, and ideas across national borders.

**2. What are the factors driving globalization?**
- Technological advancements, especially in communication and transportation, have made it easier to connect with people and businesses globally.
- Reduction in trade barriers, such as tariffs and quotas, has facilitated international trade.
- Liberalization of policies and regulations by governments to attract foreign investments and promote economic growth.

**3. How does globalization impact the economy?**
- Globalization promotes international trade and allows countries to specialize in producing goods and services that they have a comparative advantage in.
- It leads to increased foreign direct investment (FDI), which helps countries access capital, technology, and expertise.
- Globalization can create job opportunities and improve income levels, but it can also lead to job displacement and income inequality.

**4. What are the advantages and disadvantages of globalization?**
Advantages:
- Increased economic growth and prosperity through trade and investment.
- Access to a wider variety of goods and services at lower prices.
- Cultural exchange and exposure to different ideas and perspectives.

Disadvantages:
- Job losses and wage stagnation in certain industries due to outsourcing and competition from foreign companies.
- Growing income inequality, with benefits disproportionately favoring the wealthy.
- Loss of cultural diversity and homogenization of global products and services.

**5. How does globalization affect the environment?**
- Globalization can lead to increased production and consumption, resulting in environmental degradation.
- Increased transportation and trade contribute to higher carbon emissions and pollution.
- However, globalization also promotes the spread of environmentally friendly technologies and ideas.

Overall, globalization has both positive and negative impacts on the economy, society, and the environment. It is essential to consider these effects and implement policies that maximize the benefits while mitigating the drawbacks.