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Question

In ______ as an immediate measure to resolve the balance of payments crisis, the Indian rupee was devalued against foreign currencies.

The correct answer is

1991

The Indian rupee was devalued against foreign currencies in 1991 as an immediate measure to resolve the balance of payments crisis.

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Important Questions from Economic and Financial Affairs

  1. As per the Union Budget 2021-22, the government plans to continue on the path of fiscal consolidation, achieving a fiscal deficit level below 4.5% of GDP by ______.

  2. The National Rail Plan announced in the Union Budget of 2021-22 aims to create a future ready railway system by which of the following years?
  3. As per the Economic Survey 2021, in which of the following states did the proportion of households that had health insurance decrease by 12% from 2015-16 to 2019-20?

  4. As per Economic Survey 2020-2021, India’s real GDP is estimated to grow by ______ in financial year 2021-22.

  5. As per the Economic Survey of India 2020-21, India is expected to have a Current Account Surplus of ______ GDP in FY21.

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