AI-generated practice question — model-generated for extra practice, not a previous-year CBSE board question.
(B) Multinational corporation
A MNC is a company that owns or controls production in more than one nation.
Source: Production Across Countries, Chapter 4
The definition is directly stated in the passage. Key phrase to remember: "owns or controls production in more than one nation" — this is the standard CBSE definition of an MNC. Examiners expect this exact terminology.