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      Question

      What is the significance of the SAARC Currency Swap

      Facility?
      A Longterm investment support Correct Answer Incorrect Answer
      B Short-term foreign exchange liquidity Correct Answer Incorrect Answer
      C Agricultural subsidies Correct Answer Incorrect Answer
      D Infrastructure development Correct Answer Incorrect Answer
      E Trade agreement facilitation Correct Answer Incorrect Answer

      Solution

      The SAARC Currency Swap Facility provides short-term foreign exchange liquidity.

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