Question

.
Which of the following sentences would best describe the Indian
economy in 1990-91?
(a) High inflation, low foreign exchange reserves
(b) Low inflation, low foreign exchange reserves
(c) Huge current account deficit, fiscal surplus
(d) Current account surplus, huge fiscal deficit
Which of the following measures was adopted in 1991 to stabilise the
economy?
(a) Banking sector reforms (b) Capital market reforms
(c) Control of inflation (d) Insurance reforms
One of the measures adopted to control inflation in 1990-91 was
(a) Lowering of CRR and SLR (b) Lowering of bank rate
(c) Raising CRR and SLR
(d) Restricting imports of essential commodities
Which of the following measures did not form a part of fiscal correction
in 1991?
(a) Increasing tax collection
7.
(b) Cutting down saidie​

Answer 1

Answer:

Question is not clear so please write clearly

Answer 2

Explanation:

which of the following sentence would best describes the Indian economics in 1990-91