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Question
Consider the following statements:
1.The sub prime crisis which hit the U.S. economy was caused by the sudden increase in oil prices.
2.The crisis led to default in home loan repayment
3.It led to the failure of some U.S. banks
4.Sub prime crisis caused crash in Indian stock markets.
Which of the statement/s given above is/are correct?
Options:
A .  2,3 and 4
B .  1 only
C .  1,2,3 and 4
D .  2 and 4
Answer: Option A
:
A
Option: (a)

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