Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Environment and International Business
Given below are two statements
Statement I: Thousands of small firms in developing countries have closed their shutters because of the competition from large MNCs.
Statement II: MNCs have played a significant role in the development of poor countries by transfer of technology, introducing best management practices and help in improving productivity.
In light of the above statements, choose the correct answer from the options given below
1
Both Statement I and Statement II are true
2
Both Statement I and Statement Il are false
3
Statement I is true but Statement Il is false
4
Statement I is false but Statement Il is true