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  3. 12th Class
  4. Economics
  5. Liberalisation, Privatisation and Globalisation

12th Class Economics Liberalisation, Privatisation and Globalisation Question Bank MCQs - Liberalisation, Privatisation and Globalisation

  • question_answer
    Which of the following is not true about economic crisis of India in 1990?

    A) India was highly indebted country, pay Rs. 10.000 crore as interest payment

    B) Foreign exchange reserves showed a marginal rise owing to policies between 1950 to 1990

    C) Inflation rate was very high at 16.8% per annum

    D) BoP was in deficit of Rs. 30,000 crore

    Correct Answer: B

    Solution :

    Foreign exchange reserves showed a marginal rise owing to policies between 1950 to 1990


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