Economics · Economic Reforms
A primary objective of the LPG (Liberalisation, Privatisation, and Globalisation) reforms in India was macroeconomic stabilization. Which indicator showed the most dramatic improvement immediately post the 1991 reforms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Revenue deficit
- 2Foreign exchange reserves✓
- 3Fiscal deficit
- 4Rural unemployment
Correct answer
Foreign exchange reserves
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