Tag: CAD UPSC
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Gold & Silver Import Duty Raised to 15%: India’s Forex Protection Strategy Explained
Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Forex reserves, import duty, CAD, customs dutyMains: GS Paper 3 — Economy, External Sector, Fiscal Policy Why in News? The Government of India has increased the effective import duty on gold and silver to 15% as part of austerity and forex conservation measures. The move comes amid: ✔…
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