Q. 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? [CSAT 2011] (Solved)
1. 1 and 2
2. 2 and 3
3. 3 only
4. 1 and 3
- d. 1 and 3