Chapter 4

NCERT
Class 10
Economics
Solutions
2. Should more Indian companies emerge as MNCs? How would it benefit the people in the country?

Question:

Should more Indian companies emerge as MNCs? How would it benefit the people in the country?

Answer:

Most of the Indian companies should be converted into multinational companies. This will benefit the people of the country in the following ways

(i) These Indian companies will bring new technology from abroad and increase the standards of production.

(ii) When Indian companies work as multinational companies in other countries of the world, foreign exchange will be received for the country, which will strengthen the economy.

(iii) This will provide more employment opportunities to the people of the country.

(iv) Due to the competition among different countries, good things will be available to the people at low prices.

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