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Social Science · 2024 · 5 marks
CBSE 2024 · Region 3 · Set 1 · Q33
(a) Analyse the role of Liberalisation in the globalisation.
(a)
Analyse the role of Liberalisation in the globalisation.
OR
(b)
Examine five factors to promote the process of globalisation.
Marking-scheme solution
i. Removing barriers or restrictions set by government is known as liberalization.
ii. Liberalization of trade, business are allowed to make decisions freely.
iii. It has promoted free import.
iv. It has promoted free export
v. Starting around $\displaystyle 1991$, Indian government made some far – reaching changes in policy.
vi. Foreign companies could set up factories.
vii. Foreign investment are encouraged.
viii. Enable the use of latest Technology
ix. Local companies can works as a MNC’s.
x. Production of services can be spread easily.
xi. Foreign trade can be integrated.
xii. It strength the production and market
(b) Examine five factors to promote the process of globalisation.
i. Technology has stimulated the process.
ii. Telecommunication facilities (Telephone, fax, emails, satellites technology)
iii. Transportation facilities
iv. Liberalization of foreign trade.
v. Foreign investment Policy.
vi. Flexibility in labor law.
vii. Setting up Industrial Zone (SEZs).
viii. New opportunities have been created for companies.
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CBSE Class 10 Social Science past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.