GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Whiich Indian company was bought over by Cargill Foods-a large American MNC? Pick out the name from the alternatives provided
A
Amul
B
Fun Foods Ltd.
C
Agro Tech Foods Ltd.
D
Parakh Foods
Explanation: 

Detailed explanation-1: -Cargill Foods, a very large American MNC, has taken over a smaller Indian company Parakh Foods. Parakh foods had five oil refineries whose control has now shifted to Cargill, who are now the largest producer of edible oils.

Detailed explanation-2: -Cargill Foods, an American MNC, had bought smaller Indian companies such as.

Detailed explanation-3: -Cargill and Parakh Foods had come together because the MNC had sizeable financial and trading advantages in the import of edible oils, while Parakh had built a formidable marketing and distribution network for its brand Gemini, especially in southern India.

There is 1 question to complete.