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12th Standard English Medium Commerce Subject Liberalization, Privatization, and Globalization Creative 1 Mark Questions with Solution Part - I Question Bank Software Jun-22 , 2021

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12th Standard English Medium Commerce Subject Liberalization, Privatization, and Globalization Creative 1 Mark Questions with Solution Part - I

12th Standard English Medium Commerce Subject Liberalization, Privatization, and Globalization Creative 1 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5

  1. The trade liberalisation often benefits developed countries rather than developing

    (a)

    nations

    (b)

    sector

    (c)

    economies

    (d)

    none of these

  2. A number of multinational companies started operating world wide including

    (a)

    India

    (b)

    China

    (c)

    America

    (d)

    London

  3. Memorandum of understanding system was introduced in

    (a)

    1990

    (b)

    1991

    (c)

    1992

    (d)

    1994

  4. Privatization is associated with improved efficiency due to the

    (a)

    service motive

    (b)

    profit motive

    (c)

    customer's satisfaction

    (d)

    higher employment

  5. Liberalisation, privatisation and globlisation are the aims of

    (a)

    Economic planning

    (b)

    Socialistic pattern of society

    (c)

    Land reforms

    (d)

    Economic reforms

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