CBSE Class 10 Social Science 2025: question 24
Set in the CBSE Class 10 board exam of 2025, paper 32/1/1, section B, question 24, for 2 marks. Try it first; the hints and our step-by-step solution are below.
Q24 · 2 marks · Very short answerGlobalisation and the Indian Economy
How did the process of liberalisation initiated in India in the 1990s, promote globalisation ? Explain.
Source: official question paper from cbse.gov.in (PDF). See it in the full 2025 board paper, set 32/1/1.
Hints
Open one hint at a time and try again before the next.
Hint 1
What does liberalisation mean?
Hint 2
Think about foreign companies and trade after 1991.
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 mark
From 1991, liberalisation removed government barriers and restrictions on trade and foreign investment. Indian producers had to compete with producers around the world.
- 1 mark
MNCs could set up factories and offices in India, and SEZs were set up. Imports and exports became easier, so foreign trade grew and India integrated with the world economy.
Answer: Removal of trade and investment barriers allowed MNCs and foreign trade to grow, which integrated India with the global economy.
Where the marks are
- Removal of barriers and competition with global producers (1 mark)
- MNCs, SEZs, easier trade and integration with the world economy (1 mark)
Revise the chapter
- Chapter: Globalisation and the Indian Economy (notes, formulas, where marks are lost and every past question)
- Topic: Liberalisation of Foreign Trade and Investment Policy
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