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Which of the following steps can help to reduce the Current Account Deficit? Devaluation of the currency Imposition of higher taxes on imports Reducing the interest rate Liberalization of FDI norms Select the correct answer using the code given below:a)1, 2 and 3 onlyb)2 and 3 onlyc)1, 2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following steps can help to reduce the Current Account Deficit? Devaluation of the currency Imposition of higher taxes on imports Reducing the interest rate Liberalization of FDI norms Select the correct answer using the code given below:a)1, 2 and 3 onlyb)2 and 3 onlyc)1, 2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following steps can help to reduce the Current Account Deficit? Devaluation of the currency Imposition of higher taxes on imports Reducing the interest rate Liberalization of FDI norms Select the correct answer using the code given below:a)1, 2 and 3 onlyb)2 and 3 onlyc)1, 2 and 4 onlyd)1, 2, 3 and 4Correct answer is option 'C'. Can you explain this answer?.

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