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Home Questions 43E8YMVEU5
Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Comparative Development Experiences of India and its Neighbours

Question:

Which of the following organisation forced Pakistan to introduce "Economic reforms" of 1988?

Options:

World Bank

International Monetary Fund

Both 1 and 2

Association of Southeast Asian Nations

Correct Answer:

Both 1 and 2

Explanation:

Both IMF and World Bank forced Pakistan to initiate economic reforms in the country as they forced India back in 1991. Both organisations had put certain conditions against sanctioning the grant of 7 billion dollar to India.

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