Tag: mncs and impact of globalization

Questions Related to mncs and impact of globalization

The functions of  Multinational corporations are ___________.

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. they always do the marketing of the primary goods

  2. they always produce manufactured goods

  3. they always do the marketing of the manufactured goods

  4. none of the above

Show answer
Correct Option: D
Explanation:

MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. The various functions of MNC are:

  1. Promotion of foreign investment
  2. Technology transfer
  3. Promotion of exports
  4. Investment in infrastructure
But it do not always do the marketing of primary goods, manufactured goods or produce manufactured goods.

Advantages of multinationals to home countries are __________.

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. ensure optimum utilisation of resources

  2. promote bilateral trade relations

  3. promote global Co-operations

  4. all of the above

Show answer
Correct Option: D
Explanation:

A multinational corporation is an organisation which has its main headquarter in home country and operates with its subsidiaries in two or more countries. The main advantages of MNC to home countries are as follows:

  1. It ensure optimum utilisation of resources.
  2. It promote bilateral trade relations.
  3. It promote global co-operations.etc.

How many approved stock exchanges are present in India?

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. $19$

  2. $20$

  3. $21$

  4. $23$

Show answer
Correct Option: D
Explanation:

India has 23 approved stock exchanges, of which NSE and BSE have the major share in market capitalisation. The approved stock exchanges of India are listed as below:
$1$. Meerut Stock Exchange, Meerut(UP)
$2$. UP Stock Exchange, Kanpur(UP)
$3$. Mumbai Stock Exchange, Mumbai(Maharashtra)
$4$. Over the Counter Exchange of India, Mumbai(Maharashtra)
$5$. National Stock Exchange, Mumbai(Maharashtra)
$6$. Pune Stock Exchange, Pune(Maharashtra)
$7$. Ahmedabad Stock Exchange, Ahmedabad(Gujarat)
$8$. Vadodara Stock Exchange, Vadodara(Gujarat)
$9$. Bangalore Stock Exchange, Bangalore(Karnataka)
$10$. Canara Stock Exchange, Mangalore(Karnataka)
$11$. Bhubaneswar Stock Exchange, Bhubaneswar(Odisha)
$12$. Kolkata Stock Exchange, Kolkata(West Bengal)
$13$. Delhi Stock Exchange, Delhi
$14$. Guwahati Stock Exchange, Guwahati(Assam)
$15$. Hyderabad Stock Exchange, Hyderabad (Andhra Pradesh)
$16$. Jaipur Stock Exchange, Jaipur (Rajasthan)
$17$. Ludhiana Stock Exchange, Ludhiana(Punjab)
$18$. Chennai Stock Exchange, Chennai(Tamil Nadu)
$19$. Coimbatore Stock Exchange, Coimbatore(Tamil Nadu)
$20$. MP Stock Exchange, Indore(Madhya Pradesh)
$21$. Magadh Stock Exchange, Patna(Bihar)
$22$. Capital Stock Exchange, Kerala Ltd Tiruvananthapuram, (Kerala)
$23$. Cochin Stock Exchange, Cochin(Kerala).

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

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

  1. Multi State Organization

  2. Multi National Company

  3. International Trade Organization

  4. International Monetary System

Show answer
Correct Option: B

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

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

  1. Yes Bank

  2. Loyds Banking Group

  3. Lehman Brothers

  4. Royal Bank

Show answer
Correct Option: A
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. 

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

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

  1. True

  2. False

Show answer
Correct Option: A

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

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

  1. Pillsbury Foods

  2. Parakh Foods

  3. Aashirwad Foods

  4. MTR Foods.

Show answer
Correct Option: B
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! 

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

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

  1. cheaper prices

  2. good material

  3. easy availability

  4. better quality

Show answer
Correct Option: A
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. 

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

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

  1. Reduction in port handling costs

  2. Reduction in delays

  3. Reduction in damaged goods

  4. All of them

Show answer
Correct Option: D
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.