CUET Preparation Today
| What was the condition of India's foreign exchange reserves during the crisis of 1991? |
Insufficient to finance imports for more than two weeks Insufficient to finance imports for more than one week Insufficient to finance imports for more than eight weeks Insufficient to finance imports for more than four weeks |
| Insufficient to finance imports for more than two weeks |
| In 1991, the foreign exchange reserves declined to a level that was not adequate to finance imports for more than two weeks. |
