Identify the multinational corporations (MNCs) from the following : (a) IOCL (b) GAIL (c) SBI (d) SAIL (e) Tata Steel (f) Bharat Petroleum Codes :
(a), (c), (e), (f)
A multinational corporation owns or controls production or service operations in more than one country, not merely exporting to them.
IOCL has overseas subsidiaries such as Lanka IOC in Sri Lanka and IndianOil Mauritius, so it operates as an MNC.
SBI has the largest overseas network of any Indian bank, with branches and subsidiaries in many countries.
Tata Steel became a major multinational after acquiring Corus (UK and Netherlands) in 2007, along with NatSteel and Tata Steel Thailand.
Bharat Petroleum, through its subsidiary BPRL, holds oil and gas exploration blocks in several countries, giving it multinational operations.
GAIL and SAIL were at the time largely domestic in their operations, with only minor overseas stakes, so the commonly accepted list of Indian MNCs among these is IOCL, SBI, Tata Steel and BPCL.
Hence, (a), (c), (e), (f).
Important Questions from Business Environment and International Business
G20 Summit (2023) Proposed which Economic corridor including shipping and rail lines?
- According to eclectic theory of foreign direct investment, foreign direct investment will occur under which of the following conditions when they are to be uniquely combined?
A. Ownership
B. Location
C. Market power
D. Internationalization
E. Vertical integration
Choose the most appropriate answer from the options given below : - For Forigen Direct Investment, it is argued that a location in question attracts FDI because it combines the unique advantage of which of the following conditions?
A. Internalisation Advantage
B. First Mover Advantage
C. Knowledge Advantage
D. Ownership Advantage
E. Location Advantage
Choose the correct answer from the options given below: - Which of the following are the reasons for substitution between domestic and MNC goods?
A. Increased knowledge of foreign products due to international information revolution
B. No need to conduct advertising campaigns
C. Transportation costs having fallen to very low levels for most products
D. Restricted international travel
E. Tastes are consistent at the global level
Choose the correct answer from the options given below: - Match List I with List II
List I List II Nature of Business Activity FDI Permitted under Automatic Route A. Trading in Transferable Development Rights (TDR) I. 49% B. Multi-Brand Retail Trading II. Prohibited C. Satellite (Establishment and Operations) III. 51% D. Petroleum Refining (by PSUs) IV. 100%
Chose the correct answer from the option given below:
