India's largest tractor manufacturer Mahindra & Mahindra made a takeover bid for the company Universal Tractors, which is based in which European country?

Difficulty: Easy

Correct Answer: Romania

Explanation:


Introduction / Context:
Indian companies in the automobile and tractor sector have expanded abroad by acquiring foreign manufacturers. This question highlights Mahindra & Mahindra, India's largest tractor producer, and its takeover bid for Universal Tractors. To answer correctly, you need to know which European country this company is based in, which is Romania.


Given Data / Assumptions:
- Mahindra & Mahindra is identified as India's largest tractor manufacturer. - It made a takeover bid for Universal Tractors. - We must identify the European country where Universal Tractors is based. - The options include Romania, England, Finland, and Norway.


Concept / Approach:
The concept involves cross border acquisitions and the internationalisation of Indian firms. Universal Tractors is a Romanian company, and Mahindra's bid is frequently cited in business news as an example of Indian companies acquiring European manufacturing assets in the tractor segment. The approach is to recall this fact from business awareness notes or to infer based on how often Romania is mentioned in connection with this deal in exam oriented materials.


Step-by-Step Solution:
Step 1: Recognise that Universal Tractors is not a household name in England, Finland, or Norway but is associated with East European manufacturing. Step 2: Recall that business articles on Mahindra's global expansion describe Universal Tractors as being headquartered in Romania. Step 3: England, Finland, and Norway each have their own industrial firms, but Universal Tractors is not commonly tied to these countries in standard GK references. Step 4: Therefore, by both recall and elimination, Romania is the correct answer. Step 5: Choose Romania among the given options.


Verification / Alternative check:
You can verify this by referencing old business news articles or GK compilations on Indian overseas acquisitions, where Mahindra & Mahindra's move to acquire the Romanian company Universal Tractors is clearly documented. Such sources consistently mention Romania as the base for this company.


Why Other Options Are Wrong:
England has many manufacturing firms, but Universal Tractors is not recorded there in relation to Mahindra's acquisition. Finland and Norway also have industrial sectors but are not identified as the home base of Universal Tractors in exam related material. The question is specifically built around the Romania connection, so selecting any of the other countries would contradict standard business awareness facts.


Common Pitfalls:
A typical mistake is to treat the question casually and guess any European country without recalling the actual news item. Another pitfall is to assume that Universal Tractors must be British because of the English sounding name, ignoring the reality that many companies in Eastern Europe use English names for marketing. Remembering the phrase Romanian tractor maker in association with Mahindra prevents such errors.


Final Answer:
Universal Tractors, the company targeted by Mahindra & Mahindra's takeover bid, is based in Romania.

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