Economics · Economic Reforms
Which of the following was a key feature of the globalization reforms introduced in India after 1991?
- 1Replacing US Dollar with Indian Rupee in global trade
- 2Increased role and participation of foreign multinational corporations✓
- 3Nationalizing private export units
- 4Restricting FDI to below 25% across all sectors
Correct answer
Increased role and participation of foreign multinational corporations
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