Economics · Economic Reforms 1991
Why was the Indian Rupee devalued in July 1991 during economic structural reforms?
- 1To make imports cheaper
- 2To increase reliance on foreign direct grants
- 3To boost exports and attract foreign exchange reserves✓
- 4To directly reduce domestic inflation
Correct answer
To boost exports and attract 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!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economic Reforms 1991?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economic Reforms 1991