The sudden turn of events in the economic environment globally in the last four to five months has resulted in slowing down of India’s economic growth.Which of these following is/are the event(s) which has/have put their impact on Indian economy ?
(A)Turmoil in US credit market
(B)Large-scale increase in the prices of crude oil and food grains
(C)Adoption of Basel II norms by the banks

A

Only A

B

Only B

C

Only C

D

Both A & B only

E

All A, B and C