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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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