Economics · Indian Economy
The economic crisis faced by India in 1991 was primarily related to ____.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1a shortfall in agricultural output due to severe drought
- 2a trade embargo from Western countries
- 3its internal debt
- 4its external debt and foreign exchange balance✓
Correct answer
its external debt and foreign exchange balance
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