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Statement Should there be a ceiling on the salary of top executives of multinational in our country? Arguments I. Yes, otherwise it would lead to unhealthy competition and comparison and our own industry would not be able to withstand that. II. No, with the advent of liberalization of economy, any such move would be counter-productive. Once, the economy picks up, this disparity will be reduced.

Correct Answer: if both I and II are strong

Explanation:

Arguments I and II both are strong. The high salary of executives in multinational companies would definitely create unhealthy competition and consequently our companies which are not rich will be in difficulties. Secondly, such ceiling will discourage multinationals to take interest in our economy and encourage our companies.


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