Which two firms left India in the 1970s when MNCs had to partner Indian firms?
ACoca-Cola and IBM
BFord and Nokia
CNike and Honda
DPepsi and Sony
Answer & Solution
Correct answer: A. Coca-Cola and IBM
The partner-with-Indian-firms rule reduced foreign investment and led Coca-Cola and IBM to leave, and they returned after reforms.
Keep practising Economic Development & Banking
Browse all Economic Development & Banking questions for CBSE Class 10, or explore more Social Science topics.
Related questions
What must every e-commerce entity display under the 2019 Act?Which authority was set up under the Consumer Protection Act, 2019?What is a mediator in consumer disputes?Which is a weakness of the consumer redressal process in India?Why is evidence hard to gather in many small purchases?Roughly how many consumer groups exist in India, per NCERT?Which of these goods must be certified before sale in India?For which product is certification mandatory for producers?