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Foreign Investment by MNCs

Coca-Cola Ind...

Question

Coca-Cola India Private Limited looks after the business of the parent company Coca-Cola. In this case, Coca-Cola India Private Limited can be termed as a _______.

A

subsidiary

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B

alliance company

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C

joint venture

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D

substitute company

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Solution

The correct option is A subsidiary
Coca-Cola is an American company. In India, Coca-Cola India Private Limited looks after its business. In this case, Coca-Cola India Private Limited is a subsidiary of Coca-Cola.

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