What measures are being implemented to improve the resilience of India's external sector?

Solution

The measures being considered/ implemented to improve the resilience of India's external sector are Free Trade Agreements, National Logistics Policy, and efforts to promote international trade settlement in Indian Rupees. The Free Trade Agreements would address external frictions by creating opportunities for exports at concessional tariffs and non-tariff barriers. Efforts are underway to promote international trade settlement in Indian Rupees. Once this initiative gain traction, dependence on foreign currency would potentially reduce, making the economy less vulnerable to external shocks. National Logistics Policy would ease the domestic frictions to encourage Indian exports by reducing the cost of internal logistics. Hence Option D is correct.