Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

Some large Indian companies have emerged as multinationals themselves. According to you, which of the following options have helped these companies in becoming MNCs?

Options:

Liberalization

Privatization

Globalization

None of the above

Correct Answer:

Globalization

Explanation:

Globalization is the process by which businesses or other organizations develop international influence or start operating on an international scale. It has enabled some large Indian companies to emerge as multinationals themselves! Tata Motors (automobiles), Infosys (IT), Ranbaxy (medicines), Asian Paints (paints), Sundaram Fasteners (nuts and bolts) are some Indian companies which are spreading their operations worldwide.