CBSE Class 10 Social Science 2017 Term 2 Set 2 Delhi Paper

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Question : 6
Total: 9
How are 'Local Companies' benefited by collaborating with 'Multinational Companies'? Evaluate any three benefits.
Solution:  
The 'Local Companies' has been benifitted by collaborating with 'Multinational Companies' in the following ways:
(i) MNCs provide money for additional investments like-buying new machines for faster production with them.
(ii) MNCs bring the latest technology for production.
(iii) The collaboration with MNCs also bring new market for the finished goods/ products.
(iv) With the increase in production, Indian companies made good earnings.
(v) Most of the Indian companies has gained from successful collaboration with foreign companies.
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