1991 reforms are said to be the watershed moment for the Indian Economy. How was the banking system supported after the 1991 reforms in India?
The macroeconomic imbalances of the late 1980s and early 1990s pushed the government towards introducing the structural reforms of 1991. The high combined deficit of the central and state governments, elevated inflationary pressures, and large and unsustainable current account deficit (CAD) led to a balance of payments crisis in the Indian economy. In response to the situation, trade and investments were liberalised in 1991. The banking system, which had accumulated bad debts during the period of economic resurgence after the 1991 reforms, was supported through the deregulation of interest rates and the enactment of the SARFAESI Act 2002.
P started a business with an investment of Rs.15000, after 6 months Q joined him with Rs.18000 and after another 6 months R joined them with Rs.22000. I...
A, B and C joined into a partnership with investment in the ratio of 6 : 7 : 9 respectively. Behind one year, B doubled his investment. At the end of ...
Two partners A and B invested Rs 70,000 and Rs 50,000 respectively in a business. Both the partners distribute 75% of the profit equally and distribute ...
P and Q started a business by investing Rs. 10,000 and Rs. 15,000 respectively. P also worked as the active manager and for that he is entitled to recei...
Entrepreneurs 'R' and 'M' ventured into a business together, contributing capital in the ratio of 4:3. The time periods for which 'R' and 'M' invested a...
A, B and C enter into a partnership, A invest X + 10000, B invest 3X + 13000 and C invest X + 15000 for one year if B share is 40000 from total profit o...
‘A’, ‘B’ and ‘C’ started a business by investing Rs. 5000, Rs. 6000 and Rs. 4000, respectively. After 4 months, ‘B’ left and ‘A’ and...
"Anuj and Bishnu initiated a Construction business with Anuj investing Rs. 30,000 and Bishnu investing _________ a certain amount of money. They hired...
Three Partners Chintu, Pintu and Bittoo invested in the ratio of 2/3, 3/2, 3/4 in a business. After 4 months Chintu increased his capital by 25%. If...
A and B entered into a business investing Rs. (x + 75) and Rs. (x – 55) respectively. After one year they invested Rs. 120 more and Rs. 200 more respe...