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      Question

      What is the significance of the 'Interest Equalisation

      Scheme'?
      A Provides interest-free loans Correct Answer Incorrect Answer
      B Offers interest rate subsidies for export credits Correct Answer Incorrect Answer
      C Increases interest rates on deposits Correct Answer Incorrect Answer
      D Promotes foreign investments Correct Answer Incorrect Answer
      E Supports small-scale industries Correct Answer Incorrect Answer

      Solution

      The Interest Equalisation Scheme provides interest rate subsidies for pre- and post-shipment rupee export credits.

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