Bihar Board Class 10 · Social Science · Matric exam 2027
Chapter 7: Trade and Globalisation
This chapter’s questions from Bihar Board (BSEB)’s real papers of 2016–2026 — the 5 asked most often, 3 with the full model answer, 2 with how the answer begins — and objective questions with the board’s key.
- marks a year (about)
- 1
- questions a year (about)
- 2
- rank in Social Science
- #22
From 6 years of papers, 2021–2026 · full chapter-wise marks
VVI questions — the ones the board asked most (5)
- Q1Short answer2 marksAsked: 2021, 2023
What do you understand by economic crisis ?

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Model answer · economic crisis, definition
- 1.Economic crisis is a situation in the economy where there is a massive collapse in the means of production and employment.1 mark
- 2.In this situation, there is a sharp decline in the demand for goods and services, and along with a fall in prices, banks and business institutions fail.1 mark
- Begin the first line with the exact phrase 'massive collapse in the means of production and employment'.
- In the second paragraph, write all three linked effects: 'decline in the demand', 'fall in prices', and 'banks and business institutions fail'.
Marks split from a structure derived from past papers (checked twice); not Bihar Board’s official scheme
- Q2Short answer2 marksAsked: 2022, 2026
What was the main objective of the Bretton Woods Conference?

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Model answer · Bretton Woods Conference, objective
- 1.The main objective of the Bretton Woods conference was to maintain economic stability and complete employment in the industrial world.1 mark
- 2.In that conference a consensus was arrived at and thereafter IMF (International Monetary Fund) was founded. To make arrangement of money for post-war reconstruction, International Reconstruction and Development Bank (World Bank) was also founded.1 mark
- Write the exact phrase 'economic stability and complete employment in the industrial world' to cover the first point.
- Name both institutions, IMF and World Bank, to cover the second point.
- Do not add unrelated details like Yalta Conference or the later history of these institutions.
Marks split from a structure derived from past papers (checked twice); not Bihar Board’s official scheme
- Q3Short answer2 marksAsked: 2022
What was the main objective of Bretton Woods conference ?

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Model answer · Bretton Woods conference, objective
- 1.The main objective of the Bretton Woods conference was to maintain economic stability and complete employment in the industrial world.1 mark
- 2.In this conference, IMF (International Monetary Fund) was founded, and to make arrangement of money for post-war reconstruction, the World Bank was also founded; both these institutions are known as twin offspring.1 mark
- Write the exact phrase 'economic stability and complete employment in the industrial world'.
- Name both institutions founded: 'IMF (International Monetary Fund)' and 'World Bank'.
Marks split from a structure derived from past papers (checked twice); not Bihar Board’s official scheme
- Q4Short answer2 marksAsked: 2026
What is indentured labour system ?
How the model answer begins
1. The indentured labour system was a labour system in which labourers were taken to colonial countries under a definite contract for a definite period. These labourers, called girmitiya labourers, were sent abroad on the…
The full answer from Medha Ma’am → - Q5Short answer2 marksAsked: 2026
What impact did the global economic recession have on India ?
How the model answer begins
1. Due to the great depression, there was an immediate effect on the Indian economy and the export-import between 1928 to 1934 reduced to about half, causing a massive decline in India's imports and exports.
The full answer from Medha Ma’am →
Objective questions with the board’s key (10)
- 1. Bihar Board 2026
Which organization was established after the World War II to help in reconstructing the fundamental structure of the countries?
- (A) International Monetary Fund
- (B) World Bank ✓
- (C) United Nations Organization
- (D) All of these
Answer: (B)
- 2. Bihar Board 2024
In which country was the 'corn law' passed?
- (A) Britain ✓
- (B) Russia
- (C) Germany
- (D) France
Answer: (A)
- 3. Bihar Board 2023
In which year was Suez Canal opened?
- (A) 1828
- (B) 1869 ✓
- (C) 1914
- (D) 1924
Answer: (B)
- 4. Bihar Board 2023
Which country suffered the most during the Great Depression of 1929?
- (A) Great Britain
- (B) America ✓
- (C) India
- (D) France
Answer: (B)
- 5. Bihar Board 2023
Which organization was formed to arrange money for post-war reconstruction?
- (A) International Monetary Fund
- (B) World Bank ✓
- (C) Asian Development Bank
- (D) Federal Bank
Answer: (B)
- 6. Bihar Board 2023
What is the currency of European economic union ?
- (A) Dollar
- (B) Pound
- (C) Rouble
- (D) Euro ✓
Answer: (D)
- 7. Bihar Board 2022
When did Singapore become independent ?
- (A) 1955
- (B) 1960
- (C) 1962
- (D) 1965 ✓
Answer: (D)
- 8. Bihar Board 2021
Which was the ancient trading land route between Asia and Europe ?
- (A) Cotton Route
- (B) Silk Route ✓
- (C) North Route
- (D) South Route
Answer: (B)
- 9. Bihar Board 2021
Which country introduced the 'New Deal' policy?
- (A) Britain
- (B) America
- (C) India ✓
- (D) Germany
Answer: (C)
- 10. Bihar Board 2021
When was Bretton Woods conference held ?
- (A) 1944
- (B) 1947 ✓
- (C) 1948
- (D) 1952
Answer: (B)
Questions parents and students ask
- How many marks does "Trade and Globalisation" carry in Bihar Board Class 10 Social Science?
- In the Bihar Board papers of 2021–2026, this chapter carried about 1 marks and about 2 questions a year; by marks it ranks 22 in Social Science.
- Which are the most important (VVI) questions of "Trade and Globalisation"?
- The 5 questions above are from the board’s real papers, each with the years it was asked; the most-asked come first with their full model answers. All 5 written questions of this chapter, with answers, are in the AskMedha app.
- Do the answers follow the board’s marking scheme?
- BSEB does not publish a marking scheme. Each answer is written point by point on a structure derived from past papers and checked by a second, independent model; it is never called the board’s official scheme.
The same preparation, with Medha Ma’am — on your phone
Every question of every chapter with its model answer, practice questions in the board’s own shapes, 60 minutes of class a day, written answers marked, a test every Sunday and a WhatsApp report to parents.
Medha Ma’am is an AI teacher, not a live tutor. Every answer is checked twice; a person takes responsibility.