What was/were the main reasons behind the 1991 economic reform in India?

1. Poor performance of the industrial sector.

2. Adverse balance of payments

3. Rise in fiscal deficit

4. Inflation

Select the correct answer by using the codes given below.

1
1, 2 and 4 only
2
1 and 3 only
3
2 and 4 only
4
More than one of the above 
5
None of the above

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