Question

Describe India’s economic crisis of 1991​

Answer 1

Answer:

The 1991 Indian economic crisis was an economic crisis in India that resulted from poor economic policies and the resulting trade deficits. ... By the end of 1990, in the run-up to the Gulf War, the dire situation meant that the Indian foreign exchange reserves could have barely financed three weeks' worth of imports.

Answer 2

Answer:

The 1991 Indian economic crisis was an economic crisis in India that resulted from poor economic policies and the resulting trade deficits. ... By the end of 1990, in the run-up to the Gulf War, the dire situation meant that the Indian foreign exchange reserves could have barely financed three weeks' worth of imports.

Explanation:

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