B Com Exam  >  B Com Questions  >  What was the key reason behind India's balanc... Start Learning for Free
What was the key reason behind India's balance of payments crisis in 1990?
  • a)
    Decrease in foreign borrowing
  • b)
    Rise in private savings
  • c)
    Economic liberalization
  • d)
    Borrowing from foreign sources
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
What was the key reason behind India's balance of payments crisis in 1...
India's increased reliance on borrowing from foreign sources in the late 1980s led to a balance of payments crisis in 1990. The crisis resulted from external economic factors and necessitated further economic liberalization measures.
View all questions of this test
Explore Courses for B Com exam

Top Courses for B Com

Question Description
What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer? for B Com 2025 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer?.
Solutions for What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What was the key reason behind India's balance of payments crisis in 1990?a)Decrease in foreign borrowingb)Rise in private savingsc)Economic liberalizationd)Borrowing from foreign sourcesCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam

Top Courses for B Com

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev