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Question
Which of these measures would help improving the balance of account from a deficit?
Which of these measures would help improving the balance of account from a deficit?
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Solution
The correct option is D All the three
Increasing external commercial borrowing, increasing NRI deposits and increasing foreign direct investments will cause money to flow into the economy and this will help reduce deficit.
Increasing external commercial borrowing, increasing NRI deposits and increasing foreign direct investments will cause money to flow into the economy and this will help reduce deficit.
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