Question

Examine the impact of liberalization on companies owned by Indians. Are they competing with the MNCs satisfactorily?

a. Yes, successfully
b. No, struggling
c. Partially, depends on the sector
d. Insufficient data

Answer 1

Liberalization has had a significant impact on companies owned by Indians. The success of Indian companies competing with multinational corporations (MNCs) depends on the sector. The impact of liberalization on Indian companies competing with MNCs is partially dependent on the sector.

Step-by-step explanation:

Liberalization has had a significant impact on companies owned by Indians. Through the process of privatization, many publicly owned businesses in India have been sold back to the private sector, including foreign investors. This has led to increased productivity and efficiency in these companies.

However, the success of Indian companies competing with multinational corporations (MNCs) depends on the sector. While some Indian companies have been able to compete successfully with MNCs, others may be struggling due to various factors such as limited resources or lack of global reach. Overall, it can be said that the impact of liberalization on Indian companies competing with MNCs is partially dependent on the sector.