Globalisation and the Indian Economy

A large company that owns or controls production in more than one nation is nation is called a-

• Multinational Corporation

• Self Help Group

• Global Companies

• Non Government Organisation

The factors of production for MNC's are:

• Cheap skilled and unskilled labour

• Proximity of markets

• Favourable government policies

• Dry climatic conditions

Investments made by MNC's in different countries is called-

• Growth investments

• Investment Funds

• Foreign Investments

• Annuities

What is the main

purpose of a MNC's

• Earn profits

• Provide better living opportunities for people

• Minimise the cost of production

• Provide job opportunities to people

How do MNC's set up production in foreign countries?

• By setting up production jointly with local companies

• By buying up local companies

• By controlling the production of local companies

• All of the above

Cargill Foods, an American MNC, brought up which Indian local company

• Nestle

• Parakh foods

• Amul

• None of these

Which MNC is the largest producer of edible oil in India?

• Parakh Foods

• Mahendra

• Amul

• Cargill

Ford motors wanted to collaborate with which Indian company?

• Hyundai India

• Mahindra & Mahindra

• Maruti Suzuki

• Tata Motors

Which country has affected the toy industry in India adversely?

• China

• USA

• Japan

• Canada

What is the process of interaction and integration among people, companies, and countries?