Question
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.
Hari Chand, a two-time Olympian and a double Asian Games gold medallist has recently passed away.He was associated with?
Which regulatory body oversees the telecommunications sector in India?
In bacteria, which of the following mechanisms primarily contributes to genetic variation?
Who won the IAA Golden Compass Award at the 45th IAA World Congress?
Madhya Pradesh national fruit is?
What is the purpose of the Athlete Biological Passport (ABP) system introduced in India’s APMU?
What is the name of the digitized claim settlement module launched under the Pradhan Mantri Fasal Bima Yojana ( PMFBY ) ?
By which year will Norway help fund India's 'Hunger Project' and help strengthen women leaders to protect the environment and promote food security in U...
The book “Aapno Jodhpur” was translated into english and named as ‘Blue City’ is written by?
From which date will the RBI’s new guidelines for AePS transactions become effective?
