EconomyFlashcards
Economic Reforms
cardsQ&A · Tap to flip
Economy · Economic Reforms1 / 10
Q
SC
SwaCardsEconomy
★ High freqIndia's 1991 economic reforms were triggered by what crisis?
01Tap to reveal
Q
SC
SwaCardsIndia's 1991 economic reforms were triggered by what crisis?
Balance of Payments crisis — forex reserves for only 2 weeks of imports; IMF bailout.
Manmohan Singh as Finance Minister; PV Narasimha Rao PM; LPG (Liberalisation-Privatisation-Globalisation).
01Tap to go back
Space to flip · ←→ to navigate