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Economics › Budget, Fiscal Policy

Economics › Budget, Fiscal Policy

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:

Options

(a)

1 only

(b)

1 and 2 only

(c)

3 only

(d)

1, 2 and 3

Answer

(A)