Give one example of a Multinational Corporation (MNC) whose product is commonly used in Indian households. State any one feature of an MNC that distinguishes it from a local company.
Generated by claude-sonnet-4-6 · 2026-06-26 13:24 · grounding rag
Model Answer
Example of MNC: Coca-Cola (or Pepsi/Nokia/Ford Motors) — its products are commonly found in Indian households.
Feature distinguishing MNC from a local company: An MNC owns or controls production in more than one nation, whereas a local company operates only within its own country.
Source: Globalisation and the Indian Economy, Chapter 4 — "Production Across Countries"
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Explanation
- For 1 mark, name any well-known MNC with a product used in India (soft drinks, electronics, automobiles, etc.). Any valid example is accepted.
- For the second mark, give the defining feature: ownership/control of production across multiple countries. Avoid vague answers like "it is bigger" — examiners want the textbook definition.
- Keep it concise; two clear sentences are enough for 2 marks.