HARD
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A corporation that is registered in more than one country is called MNC.

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Important Questions on Understanding the Indian Economy

HARD

Which of the following statements are correct?

Statement I: Integration of market in different countries is known as foreign trade.

Statement II: Investment made by MNCs is called foreign investment.

Statement III: Rapid improvement information and communication technology has been one of the major factor that has stimulated globalization process.

Statement IV: All above statements are correct.

MEDIUM
Which one is not included in the concept of a multinational company?
MEDIUM
The most common way for investment of Multinational Companies (MNC) between countries all over the world is-
HARD
There are a variety of ways in which the MNCs are spreading their production and interacting with local producers in various countries across the world. Which one is not feasible?
MEDIUM
In what ways has competition affected workers, Indian exporters, and foreign MNCs in the garment industry?
HARD
The aim of _____ is to liberalise international trade.(World Trade Centre/World Trade Organisation)
HARD

Name 1 product each produced by the MNC’s in India as shown in the figure.

Question Image

EASY
What are the various ways in which countries can be linked?
MEDIUM
The World Trade Organisation has _____ (164/184)member countries.
HARD
Explain the term Multinational corporations and how globalization has made the world “one big market”. What are the advantages of Globalisation?
EASY
A _____ (multinational/mega-national)corporation is a company that owns or controls production units in more than one nation.
EASY

This global trade organisation was set up in 1995 to administer multilateral trade agreements through the provision of equal opportunities to all countries participating in international trade.

EASY
What are the various ways in which MNCs set up, or control, production in other countries?
MEDIUM

What type of company Ford Motors will be if its production is spreaded over 26 countries of the world?

EASY
Multinational corporations produce products for the well-off _____(consumer/producer).
EASY
Developing countries are pressurised by _____ to liberalise their trade and investment policies. (World Trade Organisation / World Bank)