What factors led the Indian government to introduce the New Economic Policy in 1991?

1. Inability to pay external loans

2. Depletion of foreign exchange reserves

3. Rising prices of essential goods

4. Poor performance of the public sector

5. Imports exceed exports

Select the correct answer using the code given below:

1
​1, 2 and 4 only
2
1, 2 and 3 only
3
3, 4 and 5 only
4
All of the above

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