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    Question

    India's current account deficit in Balance of Trade is mainly due to:

    (a) Increasing imports of oil and petroleum

    (b) Increasing imports of gold and silver

    (c) Increasing imports of food grains

    (d) Increasing imports of iron and steel

    A (a), (b) and (c) Correct Answer Incorrect Answer
    B (a) and (c) Correct Answer Incorrect Answer
    C (a) and (b) Correct Answer Incorrect Answer
    D (a) and (d) Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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