Question:
India’s neighbouring countries have seen a surge in their imports of the metal. This gold is then being carried across into India by smugglers. Which of the following inferences can best be drawn from the above statements ?
India’s neighbouring countries have seen a surge in their imports of the metal. This gold is then being carried across into India by smugglers. Which of the following inferences can best be drawn from the above statements ?
Updated On: Aug 4, 2024
- There is a duty differential between India and its neighbouring countries.
- The tough restriction on the metal’s imports could be eased
- India has a high current account deficit
- There has been a sharp depreciation of the rupee
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The Correct Option is A
Solution and Explanation
The correct option is (A) : There is a duty differential between India and its neighbouring countries..
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