CBSE Class 10 Social Science 2025: question 24
Set in the CBSE Class 10 board exam of 2025, paper 32/5/1, 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 liberalization promote the process of globalization in India? Explain.
Source: official question paper from cbse.gov.in (PDF). See it in the full 2025 board paper, set 32/5/1.
Hints
Open one hint at a time and try again before the next.
Hint 1
Recall what liberalisation did to trade restrictions.
Hint 2
Think about who could now set up factories in India.
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
Liberalisation removed barriers on foreign trade and foreign investment to a large extent, so goods could be imported and exported easily and businesses could decide freely what to import or export.
- 1 mark
Foreign companies could set up factories and offices in India, helped by Special Economic Zones. MNCs increased their investment, which linked India more closely with the world economy.
Answer: Removal of trade and investment barriers allowed easy trade and entry of MNCs, integrating India with the global economy.
Where the marks are
- Explains removal of barriers on trade or investment (1 mark)
- Explains entry of foreign companies, SEZs or MNC investment (1 mark)
Revise the chapter
- Chapter: Globalisation and the Indian Economy (notes, formulas, where marks are lost and every past question)
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