GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The main motive is to increase their assets and earn profits.
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The main motive is the welfare of the poor people.
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The main motive of an MNCs is to offer financial support to the government of their country.
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The main motive is to benefit foreign countries
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Detailed explanation-1: -The main motive of such investments is to expand the business. Though they create jobs through their investment, job creation is not one of their main purposes.
Detailed explanation-2: -Answer: MNCs set up offices and factories for production in regions where they can get cheap labour and other resources. This is done so that cost of production is low and the MNCs can earn greater profits.
Detailed explanation-3: -Greater competition among producers resulting from Globalisation is a great advantage to consumers as there is greater choice before them. Consumers now enjoy improved quality and lower prices for several products. Due to globalisation many MNCs have increased their investments in India.
Detailed explanation-4: -Globalization And Indian Economy of Class 10 A Multinational Company is a company that owns or controls productions in more than one nation. MNCs set up offices and factories for productions in regions where they can get cheap labour and other resources.