Read the source given below and answer the following questions -Ford Motors, an American company, is one of the world’s largest automobile manufacturers with production spread over 26 countries of the world. Ford Motors came to India in 1995 and spent Rs. 1700 crore to set up a large plant near Chennai. This was done in collaboration with Mahindra and Mahindra, a major Indian manufacturer of jeeps and trucks. By the year 2004, Ford Motors was selling 27,000 cars in the Indian markets, while 24,000 cars were exported from India to South Africa, Mexico and Brazil. The company wanted to develop Ford India as a component supplying base for its other plants across the globe. Answer the following by choosing the most appropriate option 18.1. The passage given above relates to which of the following options?. Multiple choice.
(4 Points)
(a)Increased employment
(b) Foreign investment
(c) Foreign collaboration
(d) international competition
19.2. According to the given passage, Ford Motors can be termed as a Multi-National Company based on which of the following options?
(a) Production of different types of automobiles
(b) Largest automobile manufacturer in the world
(c) Because of largescale exports of cars across globe
(d) industrial and commercial ventures across globe
18.3. By setting up their production plants in India, Ford Motors wanted to –
(a) Collaborate with a leading Indian Automobile company
(b) Satisfy the demands of American, African and Indian markets
(c) Tap the benefits of low-cost production and a large market
(d) Take over small automobile manufacturing units in India
18.4. ‘Ford Motors' wish to develop Ford India as a component supplying base for its other plants across the globe is an evidence of
(a) Promoting local industries of India
(b) Merging trade from different countries
(c) Supplying jobs to factory workers in India
(d) interlinking of production across countries
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Answer:
18.1 's answer is ( b ) froign investment
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