UPSC 2011 • Q10Indian Economy & Socio-Economic DevelopmentMedium
External Sector, Trade & Balance of Payments
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?