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Published on: 31/10/2019
ECO - Globalization and Trade
Download Tamil Nadu 10th Standard Social Science question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
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1.
The________ French factory in India was established in 1668
Fifth
First
Second
Third
2.
_________is first round held in Geneva.
WTO
IMF
GATT
None
3.
The East India Company build fortified factory in _________which known as Fort St. George
Madurai
Trichy
Thoothukudi
Madras
4.
Dutch captured Pondicherry in
1498
1693
1995
1947
5.
6.
GATT’s first round held in
Tokyo
Uruguay
Torquay
Geneva
7.
Who is the head of the World Trade Organisation (WTO)
Ministerial conference
Director General
Deputy Director General
None of these
8.
The discovery of a new all sea route from _________to India.
9.
LPG Stands for __________
10.
French East India company established second factory at _________.
11.
WTO agreement came into force from ___________.
12.
The Dutch captured Pondicherry in ___________.
13.
Rounds of GATT:
i) First round was held at Washington
ii) Second round was held at (France) Annecy
iii) Third round was held at Geneva
iv) Seventh round was held at Tokyo (Japan)
(a) ii and iv are correct
(b) i and ii are correct
(c) iii and iv are correct
(d) i and iii are correct
14.
Positive impact of Globalization:
i) Standard of living has increased
ii) Globalization increasing the GDP of a country.
iii) Rapid increases in exploitation of natural resources to earn Foreign exchange.
iv) A better economy introduces rapid development of the capital market.
(a) i and iii are correct
(b) iii and iv are correct
(c) i, ii and iv are correct
(d) i, ii, iii and iv are correct
15.
i) The East Indian Company specially to participate in the East Indian Spice Trade and later added cotton, silk, Indigo.
ii) Merchants of the Dutch East India Company first established at Calicut
iii) Nanadesis were a guild of traders at the time of Hoysala Empire
a) i is correct
b) ii and iii are correct
c) i and iii are correct
d) i, ii and iii are correct
16.
Globalization
17.
WTO
18.
8th Uruguay Round
19.
GATT
20.
Multination corporation in India
21.
What is the main objective of WTO?
22.
Write any two principles of Fair Trade Practices.
23.
What is Fair trade?
24.
Write the types of globalization.
25.
What is globalization?
26.
Write the challenges of Globalization.
27.
Explain the trade and traders in south India.
1.
(b)
First
2.
(c)
GATT
3.
(d)
Madras
4.
(b)
1693
5.
(d)
6.
(d)
Geneva
7.
(b)
Director General
8.
( )
Europe
9.
( )
Liberalization, Globalization and Privatization
10.
( )
Pondicherry
11.
( )
January 1, 1995
12.
( )
1693
13.
a) ii and iv are correct
14.
c) i, ii and iv are correct
15.
c) i and iii are correct
16.
Theodore Theodore
17.
enforce international trade
18.
1986
19.
1947
20.
Infosys
21.
(i) To set and enforce rules for international trade.
(ii) To provide a forum for negotiating and monitoring further trade liberalization.
(iii) To solve trade disputes.
(iv) To increase the transparency of decision making processes.
22.
i) Creating Opportunities for economically disadvantaged producers.
ii) Transparency and accountability
iii) Fair trading practices and payment of a Fair Price
iv) Ensuring no child labour and forced labour.
v) Respect for the environment.
23.
Fair trade is the way of doing business that ultimately aims to keep small farmers an active part of the world market place. It aims to empower consumer to make purchases that support their values.
24.
a) Archaic globalization
b) Proto globalization
c) Modern globalization
25.
i) Globalization is the integration of a country with the world economy.
ii) Globalization signifies a process of internationalization plus liberalization.
26.
i) The benefits of globalization extend to all countries that will not happen automatically.
ii) The fear that globalization leads to instability in the developing world.
iii) The industrial world that increased global competition will lead in race to the bottom in wages, labour right and employment practice.
iv) It leads to global imbalance.
v) Globalization has resulted with the embarrassment
vi) Globalization has led to an increase in activities such as child labour and slavery.
vii) Consumption of more junk food that led to the degradation of health and spread of disease.
viii) Globalization has led to environmental degradation
27.
Southern Indian trade guilds were formed by merchants in order to organize and expand their trading activities. Trade guilds become channels through which Indian culture was exported to other lands.
Early traders:
i) Kalinga traders traded with Southeast Asia at an early date.
ii) They traded in red coloured stones and cotton textiles.
European Traders in South India:
The trading activities of the various European companies which came to India during this period.
The Discovery of a new all-sea route from Europe to India Via cape of Good Hope by Vasco do Gama
had for reaching repercussions on the civilized world
The Portuguese:
i) Vasco da Gama landed at Calicut on the May 1498.
ii) The second visit of, Vasco da Gama led to the establishment of trading stations at Calicut, Cochin and Cannanore.
iii) Cochin was the early capital of the Portuguese in India.
The Dutch :
(i) The Dutch East India Company was formed in 1602.
ii) They established trading centres at Masulipatnam, Pettapoli, Devanampatinam and Pulicat.
iii) Pulicat was their headquarters.
The British :
(i) The English East India Company was established in 1600.
ii) They established trading centres at Masulipatnam and Pulicat.
iii) By the grant of "Golden Fireman" they were allowed to trade freely in their ports.
iv) In 1639 they built Fort St. George in Madras. It became their headquarters.
The Danes:
(i) The Danish East India Company arrived at India in 1616.
ii) Tranquebar was their headquarters.
iii) They failed to strengthen themselves and in 1845 they left India.
The French:
(i) The first French factory was established in 1668.
ii) The Dutch captured Pondicherry but was handed back to the French.
iii) In 1701, Pondicherry was the headquarters of the French
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Tamilnadu Stateboard 10th Standard Subjects
Tamilnadu Stateboard Standards