Which of the following measures is not likely to help in improving India's balance of payments position?

A) Devaluation of the rupee

B) Encouragement of import substitution

C) Imposition of higher duty on imports

D) Imposition of higher duty on exports

Correct Answer:
D) Imposition of higher duty on exports

Part of solved Industries and Infrastructure questions and answers : General Knowledge >> Economy >> Industries and Infrastructure


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