Question

The main reason behind MNCs investments are
O
To provide financial support to the country's government
O
To increase the assets and earn profits.
O To benefit foreign countries
For the welfare of underprivileged people.​

Answer 1

Answer:

MCQs on Globalisation

Globalisation is the process of rapid integration or interconnection of countries. MNCs are playing a major role in the globalisation process.

More and more goods and services, investments and technology are moving between countries.

There is one more way in which the countries can be connected. This is through the movement of people between countries.

In other words, Globalisation can be defined as the opening of nationalistic and local outlooks to a broader perspective of an interlinked and interdependent world with free transfer of – goods, capital and services across the national borders.

Given below are important MCQs on Globalisation to analyze your understanding of the topic. The answers are also given for your reference.

Globalisation MCQs

Question 1

Amalgamation and rapid unification between countries can be identified as

A) Globalisation

B) Liberalisation

C) Socialisation

D) Privatisation

Answer A

Question 2

Globalisation has improved in the living structure of

A) All the people

B) Workers in developing countries

C) People in developed countries

D) None of the above.

Answer B

Question 3

Which Indian industries have been hit by globalisation?

A) Cement

B) Jute

C) Toy making

D) Information Technology (IT)

Answer C

Question 4

Which organisations strain on the liberalisation of foreign investment and foreign trade?

A) International Monetary Fund

B) World Health Organisation

C) World Trade Organisation

D) International

Answer 2

Answer:

To increase the assets and earn profits.

Explanation:

MNCs:

A multinational corporation (MNC) is a company that runs in its home country, as well as in other countries around the world. It maintains a main office located in one country, which coordinates the management of all its other offices, such as administrative branches or factories.

we cannot call a company MNC that exports its products to more than one country a multinational company. They have to maintain actual business operations in other countries and must make a foreign direct investment there.

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