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M: +2.00/-0.67

In the context of India, which of the following factors is/ are contributor/ contributors to reducing the risk of a currency crisis?

  1. The foreign currency earnings of India's IT sector

  2. Increasing the government expenditure

  3. Remittances from Indians abroad

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EXPLANATION

Option 1 and 3 will bring foreign currency, which will contribute in reducing th...
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