1.

Consider the following actions which the Government can take:1. Devaluing the domestic currency.2. Reduction in the export subsidy.3. Adopting suitable policies which attract greater FDI and more funds from FIIs. Which of the above action/actions can help in reducing the current account deficit ?

A. 1 and 2
B. 2 and 3
C. 3 only
D. 1 and 3
Answer» B. 2 and 3


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