Question

Should more Indian companies emerge as MNCs? how could it benefit the people in the country?

Answer 1

(a) The Indian MNCs will make profits in foreign countries, which will improve the foreign exchange position of India.
(b) More Indian people will get an opportunity to work in foreign locations, thus improving their outlook as well as financial position.
(c) Employment in India will increase due to the increased requirement of persons in these Indian MNCs.

Answer 2

Question: Should more Indian companies emerge as Multinational Corporations? How would it benefit the people in the country?

Answer: Yes, more Indian companies should emerge as MNCs for the following reasons:

The profit earned by the Indian MNCs would improve the foreign exchange position of India...

Employment opportunities would increase, thus improving the standard of living of the people...

The tax pool of the government would increase...

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