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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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