Which reform enabled MNCs to enter India?
Globalisation
The 1991 economic reforms — commonly summarised as Liberalisation, Privatisation and Globalisation (LPG) — opened the Indian economy to foreign trade and investment. Globalisation, in particular, dismantled the licence-permit raj and the restrictive FERA regime, allowing multinational corporations (MNCs) to enter India and set up operations.
Of the other options: Land reform targeted agricultural landholdings; Labour law reforms govern industrial relations and have not by themselves opened India to MNCs; Swadeshi is the opposite philosophy — promoting domestic over foreign goods.
Hence the correct answer is Globalisation.
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When goods are produced by exploiting natural resources, it is an activity associated with:
A system in which local farmers were allowed to cultivate temporarily within a plantation is known as:
Which goods from India dominated the international textile markets before the age of mechanized industries?
Which type of farming is practiced in areas of high population pressure on land?
The major economic attribute for comparing countries is their:
