Start learning 50% faster. Sign in now
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 working principle of an electrical transformer is based on which concept?
Which country recently hosted the 46th Antarctic Treaty Consultative Meeting?
Losar Mela is related to which of the following tribes in Uttarakhand?
Which Indian shipyard will build a Research Vessel for DRDO in a deal worth Rs.500 crore?
How much funding did the World Bank approve to help Pacific Islands maintain access to the global financial system?
What is the name of the app developed by the Election Commission of India used for reporting violations of the model code of conduct?
Indian Army will participate in joint military Practice 'Yudh Abhyas 2023' with which country?
Who has recently been appointed as the brand ambassador of UNICEF India?
What name has Prime Minister Narendra Modi suggested for the old Parliament House?
Which statement about the transition from the Planning Commission to the NITI Aayog (National Institution for Transforming India) is not correct?