SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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MNCs are investing in India because of ____
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the cheaper production costs
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Plenty of raw materials
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good government policies
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None of the above
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Explanation:
Detailed explanation-1: -Only one option that is not directly linked with the Choice of goods in market is Increased foreign investment.
Detailed explanation-2: -Globalisation has also created new opportunities for Indian companies providing services, particularly in the IT field. Services such as data entry, accounting, and administrative tasks, are now being done cheaply in India and exported to the developed countries. This has generated thousands of jobs.
Detailed explanation-3: -Answer. The variation and range of products leads to availability of greater choice of goods . The more the variations in products, the more will be the options. Hence people can select from more choices.
There is 1 question to complete.