Economics · Indian Economy
What were the primary causes of the economic slowdown during the Ninth Five-Year Plan (1997-2002)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Lack of Foreign Direct Investment (FDI)
- 2High inflation and oil crisis
- 3Severe drought and agricultural failure
- 4International recession and East Asian financial crisis✓
Correct answer
International recession and East Asian financial crisis
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