Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 10 Answered

economic project topic- tell aboutcontribution of multinational companiees in economic growth of india in about 9-950 words  
Asked by Lavie | 14 May, 2015, 07:11: PM
answered-by-expert Expert Answer

Hi Kriya,

Many a times, MNCs buy local companies and then start expanding their production activities.

They provide advanced technology and managerial services to the enterprises established by them. Through these MNCs, the technology has been transferred from developing countries.

It enabled to produce quality goods make available in the international market.

A multinational corporation is a large company that carries on its productive and business activities in more than one country. Thus, it paves the way to boost exports.

Due to the flow of MNCs capital in foreign currency, the availability of foreign exchange increases that in turn enabled to make payments for imports.

Thus, MNCs are playing an important role by spreading their production across countries.

Answered by | 18 May, 2015, 06:10: PM
CBSE 10 - Social Studies
Asked by meghnadoffical.in | 21 Mar, 2024, 09:35: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by ayaanbachnesabgari | 19 Mar, 2024, 06:23: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by saivarshith250 | 10 Mar, 2024, 09:42: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by kamilgindwandammi | 10 Mar, 2024, 04:50: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by tarunjajoriya9891 | 06 Mar, 2024, 09:11: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by akashkasana785 | 05 Mar, 2024, 11:21: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by afiyamallick12 | 15 Feb, 2024, 03:37: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by enakshi243 | 03 Feb, 2024, 06:53: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by 782akshatrawat | 30 Jan, 2024, 12:09: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 10 - Social Studies
Asked by navinjha1884 | 18 Jan, 2024, 06:59: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×