UPSC Civil Services Prelims 2020
Question 14 of 70Indian Economy

If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India? 1. Not depending on short-term foreign borrowings 2. Opening up to more foreign banks 3. Maintaining full capital account convertibility Select the correct answer using the code given below:

A1 only
B1 and 2 only
C2 and 3 only
D1, 2 and 3

Correct Answer

The correct answer is hidden

Explanation

25 words hidden ... up to more foreign banks and maintaining full capital account convertibility may increase exposure to external ... 27 words hidden

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