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Question

A company, A Private Limited, produces cashmere. A Private Limited is registered in India under Indian laws, but it also sells and produces cashmere outside India.

What type of company is A Private Limited ?

A
Domestic company
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B
Small and cottage industries
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C
Multinational company
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D
Government-run company
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Solution

The correct option is C Multinational company
A multinational corporation or an MNC is a company that owns or controls production in more than one nation.

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