Question Practice

Which key indicator showed decline that precipitated the 1991 crisis in India?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA

Single Answer MCQ

Q-00061940

Falling GDP

Rising exports

Increasing foreign reserves

Decrease in unemployment

Video Explanation

Watch Video Solution

Keep Practising

Students who asked this also explored

Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What economic framework was primarily followed by India since independence?

Q2.

What was a major consequence of the economic reforms introduced in 1991?

Q3.

What fiscal policy reform has been introduced to encourage tax compliance since 1991?

Q4.

What does FII stand for in relation to foreign investments in India?