MNC

•The reason due to which multinational companies set up their branches in other countries is

• •(a) cheap labor and resources

• •(b) welfare motive

• •(c) to generate employment

• •(d) to generate income

•Choose the reason for which MNCs are attracted to India for investments.

• (a) India has educated English speaking people

• (b) India has skilled professionals

• (c) India has a lot of natural resources

• (d) All of the above

•Tata Steel is an:

• • (a) American MNC

• •(b) Indian MNC

• •(c) Chinese MNC

• •(d) none of these

•The most common route for investments by MNCs in countries around the world is to:

• • (a) set up new factories

• •(b) buy existing local companies

• • (c) form partnerships with local companies

•The most common route for investments by MNCs in countries around the world is to:

• • (a) set up new factories

• •(b) buy existing local companies

• • (c) form partnerships with local companies

•Assertion : Local businesses may set up joint production process with MNCs and earn higher profits.

•Reason : MNCs can provide money for additional investments, like buying new machines for faster production.

• •(a) Both assertion and reason are true, and reason is the correct explanation of assertion.

• • (b) Both assertion and reason are true, but reason is not the correct explanation of assertion.

• •(c) Assertion is true, but reason is false.

• (d) Both assertion and reason are false.