Which of the following governmental steps has proved relatively effective in controlling the double-digit rate of inflation in the Indian economy during recent years?
A
Containing budgetary deficits and unproductive expenditure
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B
Streamlined public distribution system
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C
Enhanced rate of production of all consumer goods
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D
Pursuing an export -oriented strategy
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Solution
The correct option is A Containing budgetary deficits and unproductive expenditure By containing budgetary deficits and unproductive expenditure government has proved relatively effective in controlling the double digit rate of inflation in the Indian economy during recent years.