Question 48
MediumOriginal questionIndia faced a severe BoP crisis, when its foreign exchange reserves fell to about two weeks of imports, in
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
The 1991 crisis led to emergency borrowing and the economic reforms of that year.
- Concept
- The 1991 crisis
- Typical timeTypical
- 70 s
- Your timeYours
- —
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