Tag: international economics organization

Quizzes (2) Questions (6)

Questions Related to international economics organization

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

The companies which control the production in more than one country are known as __________.

  1. Multi State Organization

  2. Multi National Company

  3. International Trade Organization

  4. International Monetary System
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A Multinational Corporation (MNC) is a company that owns or controls production of goods or services in at least one country other than its home country.

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Which of the following is a private sector bank based in India?

  1. Yes Bank

  2. Loyds Banking Group

  3. Lehman Brothers

  4. Royal Bank
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Yes bank limited was founded by Rana Kapoor and Ashok Kapur in 2004. It is India's fourth largest private sector bank that operates as a corporate bank with retail banking and asset management as corporate functions. 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

State whether the following statements are True or False.
Newspaper, magazines are means of mass communication.

  1. True

  2. False
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Mass communication refers to the dissemination of information to a large audience; newspapers and magazines are primary examples of print mass media.

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Cargill Foods, an American MNC, had bought smaller Indian companies such as_________.

  1. Pillsbury Foods

  2. Parakh Foods

  3. Aashirwad Foods

  4. MTR Foods.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Parakh Foods had built a large marketing network in various parts of India, where its brand was well-reputed. Also, Parakh Foods had four oil refineries, whose control has now shifted to Cargill. Cargill is now the largest producer of edible oil in India, with a capacity to make 5 million pouches daily! 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

Within a year, 70% to 80% of toy shops have replaced the Indian toys with Chinese toys due to ___________.

  1. cheaper prices

  2. good material

  3. easy availability

  4. better quality
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Buyers in India now have the option of choosing between Indian and the Chinese toys. Because of the cheaper prices and new designs, Chinese toys become more popular in the Indian markets. 

Multiple choice geography international economics organization mncs and impact of globalization effects of globalisation in india globalization and trade

What is the benefit of using containers in transportation of goods?

  1. Reduction in port handling costs

  2. Reduction in delays

  3. Reduction in damaged goods

  4. All of them
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Containers have led to huge reduction in port handling costs and increased the speed with which exports can reach markets. Similarly, the cost of air transport has fallen.  This has enabled much greater volumes of goods being transported by airlines.