Economics · Indian Economy
During the macroeconomic crisis in India around 1990-1991, the term 'twin deficits' referred to the combination of which two deficits?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Current account deficit and fiscal deficit✓
- 2Demographic deficit and infrastructure deficit
- 3Primary deficit and budget deficit
- 4Revenue deficit and capital deficit
Correct answer
Current account deficit and fiscal deficit
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