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among the following measures which is not likely to help in improving india’s balance of payments position

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Q.

Among the following measures which is not likely to help in improving India’s balance of payments position ?

[A] Devaluation of the rupee

[B] Imposition of higher duty on exports

[C] Imposition of higher duty on imports

[D] Encouragement of import substitution

Answer & Explanation
Option: [B]

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