state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 General Knowledge Economy Money and Banking
Which of the following statements is/are correct ?
a. India's foreign exchange reserves declined from $7 billion dollars in 1979-80 to just $600 million dollars in January 1991.
b. In 1979-80, India's foreign debt was $18 billion dollars and by March, 1991 it had risen to $90 billion dollars.
The correct answer is :
1
b only is correct.
2
Both a and b are not correct.
3
Both a and b are correct.
4
a only is correct.