Question

what is MNCs and define it importance

Answer 1

MNCs refer to multi national company

IMPORTANCE

It is the giant multinational corporate firms (MNCs) which spend a lot on the development of new technologies can greatly benefit the developing countries by transferring the new technology developed by them. Therefore, MNCs can play animportant role in the technological up-gradation of the Indian economy.

Answer 2

Heya..
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HERE IS YOUR ANSWER..
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☆ MNCs are the multinational companies.
☆ They are those companies which have established themselves in other countries alongwith getting their establishment in their motherland.
☆ They are very important because they are the ones which increase the inflow of foreign capital.
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HOPE IT HELPED..
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:))