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<html><body><h2 id="content-id-5740829361-2"><b>Economics Questions Overview</b></h2><p>Economics Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Economics Questions.</p><h2 id="content-id-1832705649-3"><b>Question On Economics </b></h2>Which international organizations played a crucial role in triggering the 1991 economic reforms in India?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 30 Seconds </h3></div></div><h2 id="content-id-1902654873-4"><b> Economics Questions Options</b></h2><ol><li><p>UN and WHO</p>
</li><li><p>World Bank and IMF</p>
</li><li><p>WTO and UNESCO</p>
</li><li><p>ADB and WTO</p>
</li></ol> <h2 id="content-id-4529081673-5"><b> Economics Questions Solution</b></h2><p>The correct answer is <strong>option 2</strong> i.e. <strong>World Bank and IMF.</strong></p>

<p>In 1991, India faced a severe Balance of Payments crisis, with foreign exchange reserves barely enough to cover two weeks of imports. To avoid default, India approached the <strong>International Monetary Fund (IMF)</strong> and the <strong>World Bank</strong> for a loan of $7 billion. These organizations granted the loan on the condition that India implement structural reforms, leading to the <strong>Liberalization, Privatization, and Globalization (LPG)</strong> policy that transformed the Indian economy.</p>
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The correct answer is option 2 i.e. Wor - Economics Questions are asked in Ssc Cgl exams and your question has been explained by experts like Neetu Mam.

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