Globalisation and the Indian Economy – important questions for Boards 2027

CBSE Class 10 Social Science

1. MCQ · 1 mark

   Which statement about Ford Motors is correct? (A) It is an American automobile manufacturer with production spread across 26 countries. (B) It is an Indian company producing only in Chennai. (C) It manufactures automobiles in just one country. (D) It is a government-owned Bangladeshi company.

   Answer

   (A) It is an American automobile manufacturer with production spread across 26 countries. — Ford Motors is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world.

2. SA · 2 marks

   Describe Ford Motors’ entry into India in 1995, including its investment, plant location and Indian collaboration partner.

   Answer

   Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks.

3. MA · 3 marks

   Explain how globalisation has benefited well-off urban consumers. Refer to their choice of goods, product quality and prices.

   Answer

   1. Globalisation and greater competition among local and foreign producers have benefited consumers, particularly well-off sections in urban areas. These consumers now have a greater choice of goods. 2. Competition has also brought improved quality and lower prices for several products. Consequently, well-off urban consumers enjoy much higher standards of living than was possible earlier.

4. LA · 5 marks

   Explain Ford Motors’ sales and exports from India in 2017. Include the number of cars sold in the Indian market, the number exported, and the countries to which cars were exported.

   Answer

   Ford Motors, an American company, had production spread across 26 countries and operated in India from 1995. In 2017, its Indian operations connected domestic sales with exports to several overseas markets. 1. Ford Motors sold 88,000 cars in the Indian market in 2017, supplying vehicles to buyers within India. 2. In the same year, it exported 1,81,000 cars from India, a number substantially greater than its domestic sales. 3. The exported cars went to South Africa, Mexico, Brazil and the United States of America, linking Indian production with markets across continents. Thus, Ford used India both as a market for its cars and as an export base, with exports exceeding Indian sales in 2017.

5. MCQ · 1 mark

   What did Ford do in India in recent years, according to the textbook? (A) It stopped producing cars for sale in India but continued small-scale exports of cars and engines. (B) It ended all production and exports from India. (C) It began producing only cars for the Indian market. (D) It shifted all production to Mahindra and Mahindra.

   Answer

   (A) It stopped producing cars for sale in India but continued small-scale exports of cars and engines — the textbook states that Ford stopped producing cars for the Indian market but continued exporting cars and car engines on a small scale.

6. SA · 2 marks

   What did Ford export from India in 2017, and name two countries that received its cars?

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7. MA · 3 marks

   Explain how subsidies to farmers in developed countries can affect farmers in other countries.

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8. LA · 5 marks

   Why do MNCs seek the cheapest goods, and how does this pressure Indian garment exporters to reduce costs, especially labour costs?

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9. MCQ · 1 mark

   What was one effect of Chinese toys entering the Indian market? (A) Indian buyers had more choice at lower prices, while Indian toy makers faced losses. (B) Indian toy makers faced no competition. (C) Buyers had fewer toys to choose from at higher prices. (D) Chinese toy makers lost every opportunity to expand their business.

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10. SA · 2 marks

    Explain two ways in which foreign trade connects markets in different countries.

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