Everything Political by Devashish Saroha: 25 Multiple-Choice Questions (MCQs) based on Bloom’s Taxonomy for the topic Globalisation from Grade 12 Political Science:

1. Remembering (Knowledge-Based Questions)

What is globalization?
a) The process of increasing interconnectedness among countries
b) The restriction of international trade
c) The expansion of national borders
d) The decrease in cultural exchanges
Which of the following is a key characteristic of globalization?
a) Increased trade and economic integration
b) Isolationism
c) Decreasing communication among countries
d) Reduction in foreign investments
Which organization was established to promote free trade worldwide?
a) World Trade Organization (WTO)
b) NATO
c) SAARC
d) OPEC
Which sector has benefited the most from globalization?
a) Information technology
b) Agriculture
c) Local handicrafts
d) Traditional banking
Which factor has contributed the most to globalization?
a) Advances in technology and transportation
b) Reduction in communication networks
c) Increasing border restrictions
d) Decline in international trade

How has globalization affected the Indian economy?
a) Increased foreign investment and job opportunities
b) Decrease in industrialization
c) Reduction in trade and commerce
d) Decline in multinational corporations
Why do multinational corporations (MNCs) expand their businesses globally?
a) To access new markets and cheaper labor
b) To reduce profits
c) To avoid global competition
d) To decrease trade
How does globalization impact culture?
a) It promotes cultural exchange and diversity
b) It leads to complete cultural uniformity
c) It isolates different cultures from one another
d) It has no impact on cultural practices
Why do some critics oppose globalization?
a) It increases economic inequalities and threatens local industries
b) It promotes economic self-sufficiency
c) It encourages national isolation
d) It reduces consumer choices
What is the main role of the International Monetary Fund (IMF)?
a) To provide financial aid and stabilize global economies
b) To regulate military alliances
c) To control oil prices
d) To eliminate free trade

If a country wants to attract foreign investment, what should it do?
a) Improve infrastructure and ease trade regulations
b) Restrict foreign companies from entering
c) Increase taxes on international businesses
d) Close its economy to external influences
How can a developing country benefit from globalization?
a) By expanding its exports and adopting new technologies
b) By avoiding global trade agreements
c) By limiting economic reforms
d) By rejecting foreign investment
What should a local business do to compete in a globalized economy?
a) Adopt modern technology and improve product quality
b) Stop international trade
c) Avoid competition
d) Increase production costs
If a country experiences a financial crisis due to globalization, what could be a possible solution?
a) Implement protective trade policies while maintaining global cooperation
b) Stop all foreign trade
c) Completely isolate its economy
d) Abandon its currency system
Which economic policy is most aligned with globalization?
a) Liberalization and free trade
b) Protectionism and import restrictions
c) National self-sufficiency
d) Economic isolation

How has globalization contributed to economic inequality?
a) Wealthier nations and corporations benefit more than poorer regions
b) It provides equal benefits to all countries
c) It eliminates class divisions
d) It prevents international trade
Why do developed countries have an advantage in globalization?
a) They have advanced technology and stronger economies
b) They have weaker economies
c) They rely solely on foreign aid
d) They avoid global trade agreements
What is a major negative impact of globalization on the environment?
a) Increased pollution and overuse of natural resources
b) Improvement in global biodiversity
c) Decrease in deforestation
d) Strengthening of environmental protection laws
How does globalization impact employment?
a) It creates job opportunities but also leads to job displacement
b) It eliminates job opportunities
c) It only benefits small businesses
d) It increases unemployment globally
Why do some nations impose trade barriers despite globalization?
a) To protect domestic industries and prevent unfair competition
b) To encourage foreign investments
c) To promote free trade
d) To increase dependency on imports

Is globalization beneficial for all countries?
a) Not always, as it benefits some economies more than others
b) Yes, because it guarantees equal economic growth
c) No, because it only helps developing nations
d) Yes, but only in cultural aspects
Should developing countries restrict globalization to protect local industries?
a) No, but they should implement policies that ensure fair competition
b) Yes, because globalization only benefits developed nations
c) No, because globalization does not impact local industries
d) Yes, because international trade should be banned
Does globalization lead to cultural homogenization?
a) To some extent, but it also allows for cultural exchange and adaptation
b) Yes, it completely erases local cultures
c) No, it has no impact on cultural identity
d) Yes, because all cultures adopt the same lifestyle

If you were designing an economic policy for globalization, what measures would you include?
a) Policies that promote trade liberalization while ensuring protection for local industries
b) Complete economic isolation
c) Heavy restrictions on foreign companies
d) Limiting innovation and technology use
How can globalization be made more inclusive for developing nations?
a) By ensuring fair trade practices and reducing economic disparities
b) By focusing only on developed economies
c) By stopping international trade agreements
d) By banning foreign investments