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Balance of Payments

In India, the...

Question

In India, the balance of payments has

A

Regularly been skewed to a surplus

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B

Always been balanced

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C

Remained constant

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D

Regularly been skewed to a deficit

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Solution

The correct option is D
Regularly been skewed to a deficit

India’s BOP has seen a deficit during most years, as India is a net importer.

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