Expand MOU and BIRF and MNC
Answers
BIRF Brain Injury Resource Foundation
MNC multinational corporation or company.
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Answer:
MOU and BIRF and MNC
Explanation:
MOU: MOU is Memorandum of Understanding. It is a formal agreement between two or more parties that lied down certain terms and conditions of common action.It is not a legally bound document but still holds importance in the eyes of law. It has high importance in high stake dealings and international ventures.
BIRF: It's full form is Board of Industrial and Financial Reconstruction. It is an agency set up by Government of India to determine the sickness of industrial companies and provide assistance in reviving the viable units and shutting down the others.
MNC: It's full form is Multinational Companies or Corporations. These are the companies which operates in more than one country that is it has registered head-office in one country and its subsidiaries in other countries.
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