What were the main reasons behind the Liberalization of the Economy or Economic reforms in 1991?
1. Huge External Debt and the rise in Fiscal Deficit
2. Rising prices of essential goods
3. Balance of payment crisis
4. Iraq War
Select the correct answer using the codes given below:
1
1, 2 and 3
2
2, 3 and 4
3
1, 3 and 4
4
1, 2, 3 and 4