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Which One of the Following Measures is Not Likely to Aid in Improving India'S Balance of Payment Position? -

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Question

Which one of the following measures is not likely to aid in improving India's balance of payment position?

Options

  • Promotion of import substitution policy 

  • Devaluation of rupee

  • Imposition of higher tariff on imports

  • Levying the higher duty on exports

MCQ

Solution

Promotion of import substitution policy 

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Economic Current Affair (Entrance Exam)
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