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Single Answer MCQ
Q-00045607

Which of the following best describes the role of MNCs in the Indian economy?

1

Monopolizing markets

2

Equal competition for local firms

3

Increased investments and job creation

4

Ignoring local suppliers

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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

C. Increased investments and job creation

Solution:

MNCs have played a vital role by increasing investments and job creation, providing opportunities for local suppliers in various sectors.

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