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

12th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. ________ stands for the consolidation of the various economies of the world.

    (a)

    Privatisation

    (b)

    Liberalisation

    (c)

    Globalisation

    (d)

    All of these

  2. ________ means, to send or bring money back to one's own country

    (a)

    Trade policy

    (b)

    Promotion

    (c)

    Tariffs

    (d)

    Repatriate

  3. _________ brings an end to the difference between domestic and international markets.

    (a)

    Liberalization

    (b)

    Globalization

    (c)

    Privatization

    (d)

    None of these

  4. _________ advancement paves way for a company to enter foreign market

    (a)

    Technological

    (b)

    Foreign exchange

    (c)

    Brain drain

    (d)

    Foreign institutions

  5. Globalisation widens the gap between _______ and ________

    (a)

    employers,employees

    (b)

    employment, unemployment

    (c)

    rich, poor

    (d)

    Capitalism, socialism

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