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Single Answer MCQ
Q-00015719

How do MNCs typically benefit local companies in joint production efforts?

1

By sharing labor force with them

2

By providing money for technology and machinery

3

By minimizing local competition

4

By exporting the local products worldwide

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. By providing money for technology and machinery

Solution:

MNCs can provide local companies with monetary investment for better technology and machinery, enhancing production capacity and efficiency.

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