Class 10 - History

The Making Of A Global World Online MCQs Test

Olympiad Level MCQs Also Included

Set-1 Set-2 Set-3 Set-4 Set-5 Set-6 Set-7 Set-8 Set-9 Set-10 Set-11 Set-12 Set-13 Set-14 Set-15 Set-16 Set-17 Set-18 Set-19 Set-20 Set-21 Set-22 Set-23 Set-24 Set-25 Set-26 Set-27 Set-28 Set-29 Set-30 Set-31 Set-32

Set 23

1. What was a contributing factor to the depression?

(A) Stable agricultural prices
(B) Agricultural underproduction
(C) Falling agricultural prices
(D) Increased agricultural incomes

2. How did falling agricultural prices worsen the situation?

(A) By reducing agricultural production
(B) By causing a shortage of produce
(C) By leading to overproduction and a glut in the market
(D) By stabilizing agricultural incomes

3. What did farmers do in response to falling agricultural prices and declining incomes?

(A) Reduced production
(B) Expanded production
(C) Increased prices
(D) Withdrew from the market

4. How did the withdrawal of US loans affect countries that depended on them?

(A) Improved their economic stability
(B) Created economic opportunities
(C) Led to an acute crisis
(D) Reduced dependence on loans

5. In the mid-1920s, how did many countries finance their investments?

(A) Through grants
(B) By selling goods
(C) Through loans from the US
(D) By reducing investments

6. What was the effect of the US attempt to protect its economy in the depression by doubling import duties?

(A) Boosted world trade
(B) Enhanced global economic stability
(C) Dealt a severe blow to world trade
(D) Improved international relations

7. What happened to US overseas loans in the first half of 1929?

(A) Increased
(B) Remained constant
(C) Decreased
(D) Doubled

8. What were the consequences of the withdrawal of US loans in Europe?

(A) Currency appreciation
(B) Failure of major banks and collapse of currencies
(C) Increased industrial production
(D) Stability in agricultural prices

9. What was the total amount of US overseas loans in the first half of 1928?

(A) Over $1 billion
(B) $1 billion
(C) $500 million
(D) $2 billion

10. What was the main impact of falling agricultural prices on produce in the market?

(A) Shortage of produce
(B) Overproduction and a glut in the market
(C) Stability in prices
(D) Increased demand