MPSC Rajyaseva 2016 GS Paper 1 — Question 40
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1991 च्या आर्थिक अरिष्टाची कोणती लक्षणे होती ? Economic crisis of 1991 was characterised by
(a)परकीय चलन गंगाजळीत घट / Reduced foreign exchange reserves
(b)भारतीय विदेशी कर्जास आंतरराष्ट्रीय धनकॉकडून फेरमंजूरी / Rolling over of Indian foreign debt by international creditors
(c)राजकोषीय तुटीतील वाढ / Increase in fiscal deficit
(d)साठ्यातून सुवर्णविक्री / Sale of gold from reserves
The 1991 economic crisis was triggered by severely depleted foreign exchange reserves, high fiscal deficit, and emergency measures like selling gold reserves. Rolling over of foreign debt by international creditors was a containment measure or part of the IMF negotiation context rather than a direct structural symptom of the crisis itself in standard textbook phrasing, or specifically points to a, c, and d.
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