Which of the following has/have occurred in India after its liberalization of economic policies in 1991? 1. Share of agriculture in GDP increased enormously. 2. Share of India's exports in world trade increased. 3. FDI inflows increased. 4. India's foreign exchange reserves increased enormously. Select the correct answer using the codes given below:

1. Share of agriculture in GDP increased enormously — False. After 1991, the share of agriculture in India’s GDP declined, while industry and especially services gained share.

2. Share of India's exports in world trade increased — True. Post-liberalization, India became more integrated with the global economy and its share in world trade rose.

3. FDI inflows increased — True. Economic reforms eased restrictions and FDI inflows increased significantly after 1991.

4. India's foreign exchange reserves increased enormously — True. From the 1991 balance of payments crisis, India’s forex reserves later rose sharply.

Hence, 2, 3 and 4 only are correct.