All of the following developments were noticed during 1991 (when economic reforms were enforced) except one. Identify it. | Faculties

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Mr. Dubey

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📊 Indian and Global Economic Development

Q. All of the following developments were noticed during 1991 (when economic reforms were enforced) except one. Identify it.

(A) National debt was nearly 60 per cent of the GNP of Indi(a)
(B) Inflation crossed double digits.
(C) Foreign reserves were maintained at a very high level.
(D) None of the above.

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✅ Correct Answer: (C) Foreign reserves were maintained at a very high level.

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