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13 .Several MNCs have channelized funds to achieve the objective of ________ Development.PoliticalRegionalSustainableTechnological

Question

13. Several MNCs have channelized funds to achieve the objective of ________ Development.

  • Political
  • Regional
  • Sustainable
  • Technological
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Solution

Correct Answer

The correct answer is Sustainable.

Explanation

Sustainable development refers to a method of using resources that allows for economic growth while ensuring environmental preservation and social equity. Many multinational corporations (MNCs) today prioritize sustainable development because it aligns with global efforts to address climate change, reduce poverty, and promote a balanced economy. By channeling funds towards sustainable projects, MNCs contribute to the long-term viability of not only their operations but also the communities and ecosystems in which they operate.

This emphasis on sustainable development also reflects a broader awareness of corporate social responsibility, where businesses recognize their role in supporting the well-being of society and the environment while still aiming for profitability.

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