What changes did you find after the arrival of the MNCs?

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Generation of employment

Introduction of latest technology

Large competition to local producers

All of the above

answer is D.

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Detailed Solution

All of the above changes are found after the arrival of the MNCs. Multinational companies are companies or organisations operating in more than one country. MNCs rapidly integrated the market by interlinking production across different countries. The MNCs created various employment opportunities in the countries where they set up shop, thus removing the problem of unemployment. Like any other country, the people of our country have a wide variety of goods and services to choose from, and this wide variety of choices was not available to the people of any country before the arrival of multinational companies. The integration of the markets led to the introduction of the latest technology. But the arrival of MNCs also led the local industries to shut down because they may experience slower growth due to MNCs' intense competition.

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