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Foreign Trade Policy

Quick practice

Question 1 of 5

Choose the correct statement.

A) If the restrictions / limitations on foreign exchange transactions are very large, then that system can be called non-convertible system.

B) In pre-independence India, there were a lot of restrictions on exchange transactions. Which was relaxed after independence.


A

A is right, B is wrong

B

B is right, A is wrong

C

Bothare wrong

D

Both are correct

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