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CBSE Questions for Class 12 Commerce Economics Comparative Development Experiences Of India And Its Neighbours Quiz 2 - MCQExams.com
CBSE
Class 12 Commerce Economics
Comparative Development Experiences Of India And Its Neighbours
Quiz 2
Which of the following countries has allowed Foreign Direct Investment from India for the first time in the history of the country?
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0%
Afghanistan
0%
Nepal
0%
Pakistan
0%
Israel
China has been the ____________ recipient of FDI in the world during 1993-2001.
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0%
second largest
0%
largest
0%
fourth largest
0%
none of the above
Britain has been termed as the '_______________'.
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0%
workshop of the world
0%
major importer in world trade
0%
both a and b
0%
none of the above
Explanation
Mechanised manufacturing of cotton textiles made Britain the leading industrial nation in the nineteenth century. Additionally, with the growth of its
iron and steel industry from
the 1850s, Britain came to be known as the “workshop of the world”.
India has _________ of the world income.
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0%
1.2%
0%
2.2%
0%
0.8%
0%
0.4%
Grameen Bank which is known as the bank of poors is an organization based in ________.
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0%
Pakistan
0%
Sri Lanka
0%
India
0%
Nepal
0%
Bangladesh
Explanation
Grameen became an independent bank in 1983; headquartered in
Dhaka, Bangladesh
, it has more than 2,200 branches in the country. The Grameen model has come to symbolize an efficient means of helping the poor by providing them with opportunities to help themselves. Hence, correct answer is option E.
________
innovation is of more importance as it helps in
increasing the standard of living in the long run.
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0%
Process
0%
Product
0%
Plant
0%
There is no relationship between innovation processes and standard of living
Explanation
Product innovation is of more importance as it helps in increasing the standard of living in the long run.
It develop the market condition.
With product innovation economic growth increases and living standards also rise.
Hence b is the correct option.
Which of the following is called the World Bank?
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0%
International Monetary Fund
0%
Asian Development Bank
0%
World Trade Organisation
0%
International Reconstruction and Development Bank
Explanation
The international reconstruction and development bank is called the world bank.
The World Bank provides long term capital to members countries for economic reconstruction and development.
IBRD helps middle-income and creditworthy poorer countries.
Hence d is the correct option.
Around ________ of total world manufacturing output is produced in China.
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0%
25%
0%
2.5%
0%
8%
0%
5.8%
____________ enterprises account for about half of China's exports today.
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0%
Public
0%
Private
0%
Foreign-invested
0%
Domestic
Where is the headquarters of the International Monetary Fund (IMF)?
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0%
Geneva
0%
Paris
0%
London
0%
Washington DC
Explanation
Washington DC is the headquarters of the International Monetary Fund (IMF).
There are some organizations in the world that look after the global affairs of the people. When the national and state banks are unable to fund the money, they turn to these organizations. One such organization is the international monetary fund.
Which one of the following countries has the highest share in the world export among the Asian countries?
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0%
South Korea
0%
Singapore
0%
India
0%
China
Which one of the following countries is the top user of the anti-dumping measures in the world in the decade?
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0%
India
0%
United States
0%
Japan
0%
China
Which of the following countries suffer from the acid rains?
Canada
France
Norway
Germany
Select the correct answers from the codes given below:
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0%
1 and 2
0%
1 and 3
0%
2 and 3
0%
3 and 4
China's GDP grew at an average of ________ during 1979-2014.
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0%
10.4%
0%
7.6%
0%
9.3%
0%
9.8%
China's average rate of growth in foreign trade was at _______ per year in in 2014.
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0%
26%
0%
15%
0%
32%
0%
12%
The share of industrial sector in GDP of China rose from 14% in 1979 to ______ in 2014.
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0%
26%
0%
43%
0%
32%
0%
19%
Choose the correct answer.
The year of great depression.
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0%
$$1920$$
0%
$$1889$$
0%
$$1929$$
0%
$$2018$$
Explanation
The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States. The timing of the Great Depression varied across nations; in most countries, it started in 1929 and lasted until the late 1930s.
Stiglitz commission established by the President of the United Nations General Assembly was in the international news. The commission was supposed to deal with:
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0%
The challenges posed by the impending global climate change and prepare a road map.
0%
The working of the global financial systems and to explore ways and means to secure a more sustainable global order.
0%
Global terrorism and prepare a global action plan for the mitigation of terrorism.
0%
Expansion of the United Nations Security Council in the present global scenario.
The population engaged in agricultural sector in China declined from 60% in 1991 to ______ in 2014.
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0%
32%
0%
49%
0%
46%
0%
35%
The trade-GDP ratio in India is _____.
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0%
Twice that of
Pakistan
0%
Thrice that of
Pakistan
0%
Four-times that of
Pakistan
0%
Five-times that of
Pakistan
Explanation
India has shown a remarkable breakthrough in the export of software and software-enabled services after the economic reforms of 1991. Pakistan is far behind. According to World Bank estimates (2018), the trade-GDP ratio in the case of India was 43 percent as against 28 percent in Pakistan.
Hence, A is the correct option.
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