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 32

1. What change occurred in the international financial system from the mid-1970s?

(A) Increased development assistance
(B) Borrowing from Western commercial banks
(C) Decreased reliance on loans
(D) Reduced debt crises in developing countries

2. What impact did the shift to borrowing from Western commercial banks have on developing countries?

(A) Increased incomes and reduced poverty
(B) Periodic debt crises, lower incomes, and increased poverty
(C) Improved economic conditions
(D) Decreased reliance on Western banks

3. When did unemployment begin to rise in the industrial world?

(A) 1960s
(B) Early 1970s
(C) Mid-1970s
(D) Early 1990s

4. What trend did multinational corporations (MNCs) follow from the late 1970s?

(A) Expansion in the industrial world
(B) Decrease in production operations
(C) Shift to low-wage Asian countries
(D) Increased unemployment

5. What brought many countries back into the fold of the world economy in the late 20th century?

(A) Decreased economic ties
(B) Economic policies in China
(C) Increased self-sufficiency
(D) Collapse of the Western economy

6. What factor contributed to China becoming an attractive destination for foreign multinational corporations?

(A) High wages
(B) Economic isolation
(C) Low-cost structure and low wages
(D) Decreased foreign investment

7. What transformation has occurred in the world's economic geography in the last two decades?

(A) Decreased trade and capital flows
(B) Shift towards high-wage countries
(C) Rapid economic transformation in countries like India, China, and Brazil
(D) Stagnation in economic growth

8. What stimulated world trade and capital flows in the last two decades?

(A) Decreased foreign investment
(B) Economic isolation of countries
(C) Relocation of industry to low-wage countries
(D) Increased unemployment

9. Which countries underwent rapid economic transformation in the last two decades?

(A) Western industrial nations
(B) High-wage Asian countries
(C) India, China, and Brazil
(D) Countries with decreased economic ties

10. What contributed to China's attractiveness for foreign investment by multinational corporations?

(A) High-cost structure
(B) Decreased trade with other countries
(C) Low-cost structure, particularly low wages
(D) Economic policies in India