Question:

Which one of the following measures is NOT likely to aid in improving India's balance of payment position?

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Improving BOP → encourage exports, reduce imports; avoid taxing exports heavily.
Updated On: Aug 11, 2025
  • Promotion of import substitution policy
  • Devaluation of rupee
  • Imposition of higher tariff on imports
  • Levying the higher duty on exports
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The Correct Option is D

Solution and Explanation

Levying higher duties on exports would discourage exports, worsening the balance of payments. The other measures promote reducing imports or increasing exports, which improves BOP.
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