study the diagram provided and provide brief overview of each. The diagram are named as financial crisis 1, 2,3,4,5. After analyzing the diagram explain chances of the incident happening again in the country

Figure 2: Deepening Global Linkages % of GDP 140 120 Capital Outflows 100 Capital Inflows 80 O Invisible Payment 60 O Invisible Recipts 40 Merchandise Imports 20 O Merchandise Exports 0 1-2002 2-2003 FY1990-1991 FY1991-1992 FY 1992-1993 FY1993-1994 FY1994-1995 FY1995-1996 FY 1996-1997 FY1997-1998 FY1998-1999 FY1999-2000 FY2000-20 FY2003-2004 FY2004-20 FY2005-20 FY2006-2007 FY2007-2008 FY2 FY2 Source: Author's calculations compiled from Reserve Bank of India (2009b).YOY Profit Growth 95600065 50 60 40 70 Mar-03 Jul-03 Nov-03 Mar-04 Jul-04 corporate-database.htm (accessed on 20 May 2009). Nov-04 Mar-05 Source: Center for Monitoring Indian Economy (CMIE) Prowess database. -Profit Growth Jul-05 Nov-05 Figure 3: Quarterly Profit Margin and Profit Growth of the Indian Banking Sector. Available: http://www.cmie.com/database/?service=database-products/firm-level-data-services/prowess- Mar-06 Jul-06 Proft Margin Nov-06 Mar-07 Jul-07 Nov-07 Mar-08 Jul-08 Nov-08 Mar-09 5 -5 15 -10 10 Profit MarginFigure 4: Non-Performing Assets Percent to Gross Advances 6 7 5.2 5 4 3.3 WU 2 1 lii 2.3 2.2 0 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 (Selected Banks) Source: Reserve Bank of India (2008). Available: http://www.cmie.com/database/?service=database- products/firm-level-data-services/prowess-corporate-database.htm (accessed on 20 May 2009).0 15 20 10- 5 8.08 25 % 18.08 8.08 9.08 9.08 9.08 0.08 1.08 1.08 1.08 Figure 5: Daily Weighted Call Money Rate 838 8 8 8 8 8 8 8 8 8 4.09Figure 6: Month-on-Month Change in Outstanding Non-Food Credit 120000 100000 80000 60000 40000 Values in Indian Rs. Crore 20000 0 Apr /May Jun Jul Aug Sep Oct Nov Dec In Feb Mar -20000 -40000 2007 2008 2009 -60000 Source: Reserve Bank of India-Weekly Statistical Supplements-Extracts. Available: http://www.rbi.org.in/scripts/BS ViewWSSExtract.aspx (accessed 30 June 2009)