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Economic Reforms since 1991 (LPG) · Question 1 of 65

Question 1

EasyOriginal question

In 1991, India faced a crisis mainly in its

Options for question 1

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. India could not repay the interest on its foreign borrowing, and its foreign exchange reserves had run down.

Concept
The 1991 crisis
Typical time
40 s
Your time
—
The rule this testsThe 1991 crisis
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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

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Ten questions from Economic Reforms since 1991 (LPG), at your own pace.

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