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Match the items of List-I with List-II with regard to balance of payments equilibrium:
| List-I |
List-II |
| a. Exchange control |
1. Exporters surrender foreign exchange to the central bank |
| b. Trade Policy Measure |
2. Bank rate raised by the central bank |
| c. Expenditure reducing policy |
3. Reduction in foreign exchange rate |
| d. Expenditure switching policy |
4. Enhancing exports by granting subsidies |
Answer & Solution
Correct Answer:
Option
A
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