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Analyse the impact of… (Class 10 Social Science 2023, Q33a)

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Social ScienceCBSE Class 10 · Board exam 2023, set 32/1/1 · 5 marks · Long answer

CBSE Class 10 Social Science 2023: question 33(a)

Set in the CBSE Class 10 board exam of 2023, paper 32/1/1, section D, question 33(a), for 5 marks. Try it first; the hints and our step-by-step solution are below.

Q33(a) · 5 marks · Long answerGlobalisation and the Indian Economy

Analyse the impact of globalization in India.

Source: official question paper from cbse.gov.in (PDF). See it in the full 2023 board paper, set 32/1/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Think about who gained from globalisation and who lost.

Hint 2

Recall examples of Indian companies that became MNCs, and of small industries hit by imports.

Hint 3

Structure the answer as: MNC investment, jobs, large Indian firms, services, then small producers and workers.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Investment by MNCs: MNCs have raised their investments in India in cell phones, automobiles, electronics, soft drinks and fast food. This has brought new products and technology.

    1 mark

  2. New jobs: These investments have created new jobs, and local companies supplying raw materials and parts to these industries have prospered.

    1 mark

  3. Gains for Indian companies: Top Indian companies have benefited from the competition. They invested in newer technology and raised production standards, and some gained through collaboration with foreign companies.

    1 mark

  4. Rise of Indian MNCs and services: Some large Indian companies have become multinationals themselves, e.g. Tata Motors, Infosys, Ranbaxy and Asian Paints. Service companies, especially in IT, have found new opportunities.

    1 mark

  5. Negative impact on small producers and workers: Small manufacturers of batteries, capacitors, plastics, toys, tyres and vegetable oil have been hit by competition. Many units shut down and workers lost jobs. Jobs are now insecure, and competition has changed workers' lives.

    1 mark

Answer: Globalisation has benefited consumers, large Indian companies and service firms by bringing investment, jobs and technology. It has hurt small producers and workers through closures and job insecurity.

Where the marks are

  • Explains MNC investment and its effect (1 mark)
  • Explains job creation and the growth of local suppliers (1 mark)
  • Explains the benefit to Indian companies from competition and technology (1 mark)
  • Explains Indian MNCs or the growth of IT services, with examples (1 mark)
  • Explains the harm to small producers and workers (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Globalisation and the Indian Economy, one at a time, marked against the answer key and marking points.Back to the full paper2023 board paper, set 32/1/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.