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Economic Reforms since 1991 (LPG) · Question 2 of 65

Question 2

MediumOriginal question

In 1991, India's foreign exchange reserves had fallen so low that they could pay for

Options for question 2

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Reserves had dropped to a level that could not finance even a fortnight of imports.

Concept
The 1991 crisis
Typical time
70 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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