The First MNC in India

Introduction:
The concept of Multinational Corporations (MNCs) came into existence in the early 20th century. MNCs are companies that operate in multiple countries and have a significant impact on the global economy. India has been a lucrative market for MNCs due to its large population and growing economy. In this context, this question asks about the first MNC that came to India.

The First MNC in India:
The correct answer to this question is option 'B,' i.e., 1921. The first MNC that came to India was British-owned East India Company. It was established in 1600 and operated in India for over 250 years. However, the first MNC to set up its operations in India after independence was Shell Oil Company. It established its subsidiary in India in 1928.

Impact of MNCs on Indian Economy:
MNCs have played a significant role in shaping the Indian economy by bringing in foreign investment, technology transfer, and creating employment opportunities. They have also contributed to the growth of the Indian economy by increasing the country's exports and improving the balance of payments. However, there has been a debate on the impact of MNCs on the Indian economy. Critics argue that MNCs exploit the resources of the host country, create an imbalance in the distribution of wealth, and harm the environment.

Conclusion:
In conclusion, the correct answer to this question is option 'B,' i.e., 1921. The first MNC that came to India was the British-owned East India Company. MNCs have played a significant role in shaping the Indian economy by bringing in foreign investment, technology transfer, and creating employment opportunities. However, there is a debate on their impact on the Indian economy.