Business Empires

Q. Statement I: Developing and backward countries are shifting towards open markets and globalisation.

Statement II: The presence of multinational corporations has widened the gap between the rich and the poor in developing countries.

Identify each of the above statements as true or false and mark the appropriate option given below.

1. Both the statements are true.
2. Both the statements are false.
3. Statement I is true, Statement II is false.
4. Statement I is false, Statement II is true.

Q. The presence of multinational corporations and the rise of globalisation is said to have increased inequality in developing countries.

1. True
2. False

Q. Multi-National Corporations are often said to be vehicles of neo- .

1. socialism
2. radicalism
3. democracy
4. imperialism

Q. Statement 1: Many developing countries are shifting towards globalisation. This involves increasing integration of economies in terms of goods and services, ideas, information, and technology.

Statement 2: The presence of multinational corporations is said to have widened the gap between the rich and the poor in developing nations.

Read the statements carefully and choose the correct option below.

1. Both statements are true and related to each other.
2. Statement 1 is false, but statement 2 is true.
3. Statement 1 is true, but statement 2 is false.
4. Both statements are false.