Tag: RBI economy
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Why Conserving Forex Reserves Alone Cannot Drive India’s Growth
Important for: UPSC, Haryana HCS, Punjab PCSPrelims: Forex reserves, CAD, RBI, importsMains: GS Paper 3 — Indian Economy, Growth & External Sector Why in News? Amid concerns over falling foreign exchange reserves and rising imports, discussions have emerged on whether aggressively cutting imports and conserving forex could hurt India’s long-term economic growth. Experts argue: ⇢…
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