Economics · Macroeconomics
The problem of a persistent Current Account Deficit (CAD) can be addressed or mitigated by pursuing which of the following policies? A. Encouraging domestic savings B. Controlling the fiscal deficit C. Devaluation of the domestic currency under a fixed/managed regime D. Artificially curtailing industrial productivity E. Reducing dependence on costly external commercial borrowings (ECBs) Choose the correct answer from the options given below:
- 1D, E, A only
- 2C, D, E only
- 3B, C, E only✓
- 4A, B, D only
Correct answer
B, C, E only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics