CBSE Important Questions for Class 10 Economics (2025-26) Chapter 4: Globalisation and the Indian Economy, Download PDF

CBSE Class 10 Economics Chapter 4 Globalisation and the Indian Economy is an important part of the Social Science syllabus, helping students understand how countries are connected through trade, technology, and economic policies. 

This chapter explains how globalisation affects producers, consumers, companies, and the overall Indian economy. The CBSE Class 10 Social Science Exam 2026 will be conducted on 7th March 2025, and students should prepare thoroughly by practising key questions from each chapter. To score well in the board exam, students must practice important questions that cover all difficulty levels and question types. 

These questions not only strengthen conceptual clarity but also improve answer-writing skills for the final exam. Check this article for the most important 1-mark, 2-mark, 3-mark, and 5-mark questions from Chapter 4, along with a downloadable PDF to support your complete preparation.

CBSE Class 10 Economics Important Questions: Key Highlights

Students preparing for the CBSE Class 10 Economics exam must understand the key highlights of the paper to plan their studies effectively. Knowing the exam pattern, marking scheme, and important details helps in smart preparation and boosts confidence. Check the table below for the important details:

Important Questions and Answers for CBSE Class 10 Economics for Chapter 4

Part A (1 Mark Questions)

Q1. When did the Indian Government introduce a policy of liberalization known as the ‘New Economic Policy’? 

a. 1980 

b. 2000 

c. 1994 

d. 1991 

Q2. Tax on import is an example of 

a) Terms of trade 

b) Collateral 

c) Trade Barriers 

d) Foreign trade 

Q3. Liberalization is . 

a. More trade 

b. Removing barriers or restrictions set by the government 

c. Checking barriers by the government

d. Help from the government 

Q4. Removing barriers or restrictions set by the government is known as 

a) Globalisation 

b) Privatisation 

c) Liberalisation 

d) Fair trade practice. 

ASSERTION AND REASONING BASED QUESTIONS

Q5. Assertion: Removal of barriers to trade is known as liberalization.

Reason: Liberalization of trade allows businesses to freely decide which goods to import and export.

Options 

(a) Both A and R are true and R is the correct explanation of A 

(b) Both A and R are true but R is not the correct explanation of A 

(c) A is true but R is false 

(d) A is false but R is true 

Part B (2 Mark Questions)

Q6. What is meant by trade barrier? 

Q7. What is globalization? 

Part C (3 Mark Questions)

Q8. Define the term ‘liberalization’. Explain the reasons for the Indian Government beginning the policy of liberalization in 1991.

Q9. “Technology has stimulated the globalization process.” Support the statement with examples.

Part D (5 Mark Questions)

Q10. Describe the role of technology in promoting the globalization process. 

Or 

Examine the role of information technology in stimulating the process of globalization. 

Or 

‘Rapid improvement in technology has stimulated the globalization process.’ Justify through examples.

Q11. Why had the Indian government put barriers to foreign trade and foreign investment after independence? Analysis the reasons.

Answers 

Part A (1 Mark Questions)

To check all the detailed answers of the important question of CBSE Class 10 Economics Chapter 4 Globalisation and the Indian Economy, download the PDF from the link provided below:

Practising these important questions will help students improve conceptual clarity and enhance their exam readiness. A structured approach to solving different types of questions ensures better confidence during the CBSE board exam. Students are advised to download the PDF for detailed answers and complete preparation.

Also check: 

CBSE Important Questions for Class 10 Economics (2025-26) Chapter 1: Development

CBSE Important Questions for Class 10 Economics (2025-26) Chapter 2: Sectors of the Indian Economy

CBSE Important Questions for Class 10 Economics (2025-26) Chapter 3: Money and Credit