Economics · Indian Economy Reforms
The 1991 foreign exchange crisis in India was primarily caused by:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Sharp decrease in imports
- 2Rapid rise in exports
- 3Rising oil prices and depleting foreign exchange reserves✓
- 4Increase in foreign remittances
Correct answer
Rising oil prices and depleting foreign exchange reserves
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Indian Economy Reforms MCQs →Want more practice questions on Indian Economy Reforms?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Indian Economy Reforms