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 31

1. What did large corporations from powerful countries like the US often secure in developing countries?

(A) Political control
(B) Economic independence
(C) Rights to exploit natural resources cheaply
(D) Technology transfer

2. How did most developing countries respond to the fast growth of Western economies in the 1950s and 1960s?

(A) They embraced the Western economic model
(B) They formed the Group of 77 (G-77)
(C) They increased reliance on Western aid
(D) They remained economically isolated

3. What did the Group of 77 (G-77) demand as part of the New International Economic Order (NIEO)?

(A) Increased dependence on Western economies
(B) Greater political control
(C) Real control over natural resources, more development assistance, fairer prices for raw materials, and better access for their manufactured goods in developed countries’ markets
(D) Withdrawal from international economic relations

4. What did the NIEO aim to achieve for developing countries?

(A) Greater dependence on Western aid
(B) Political isolation
(C) Increased reliance on Western economies
(D) Real control over natural resources and fair economic conditions

5. What weakened the US's finances and competitive strength in the 1960s?

(A) Decline in technological innovation
(B) Rising costs of overseas involvements
(C) Stable and rapid economic growth
(D) Dependence on the NIEO

6. What was the principal currency that lost confidence as the world's principal currency?

(A) Euro
(B) Yen
(C) US Dollar
(D) British Pound

7. What led to the collapse of the system of fixed exchange rates?

(A) Stable economic growth
(B) Introduction of the NIEO
(C) Rising costs of overseas involvements
(D) Inability to maintain the value of the US dollar in relation to gold

8. What replaced the system of fixed exchange rates?

(A) NIEO
(B) Stable economic growth
(C) Floating exchange rates
(D) G-77

9. What did the rising costs of overseas involvements weaken in the US?

(A) Dollar's value
(B) Economic growth
(C) Competitive strength
(D) Technological innovation

10. What system was introduced due to the collapse of fixed exchange rates?

(A) NIEO
(B) G-77
(C) Floating exchange rates
(D) Stable economic growth