CUET Preparation Today
Which of the following was one of the first decisions of the Indira Gandhi government, formed after the death of Lal Bahadur Shastra? |
To devaluate the Indian rupee To privatize the banks To oppose imposition of Hindi To form a coalition government |
To devaluate the Indian rupee |
The correct answer is Option (1) → To devaluate the Indian rupee One of the first decisions of the Indira Gandhi government was to devaluate the Indian rupee, under what was seen to be pressure from the US. Earlier one US dollar could be purchased for less than Rs. 5; after devaluation it cost more than Rs. 7. |
