1.

Which of the following statements correctly represents actions taken by the government towards liberalisation? P: levying high tariffs to discourage import and promoting the consumption of domestic goods and services Q: devaluation of the rupees to encourage inflow of foreign exchange R: allowing for private banks to make decisions independent of the RBI restrictions S: fixing prices of certain industrial goods in order to support increased consumption of these goods to boost the manufacturing industry A. P and Q only B. P and R only C. Q and R only D. Q and S only

Answer»

C. Q and R only 



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