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Assertion (A): For the first time, India had no trade deficit in the year 2002-03. Reason (R): For the first time, India's exports crossed worth $50 b
Which one of the following statements is correct with reference to FEMA in India?
With reference to Government of India’s decisions regarding Foreign Direct Investment (FDI) during the year 2001-02, consider the following statements
The correct answer is option (d): Telecommunication. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
This question was asked in UPSC CSE Prelims 2004, GS Paper 1, as Question 23. It falls under Indian Economy > External Sector & Balance Of Payments.
This question is rated "moderate". It requires sound conceptual understanding of the topic.
UPSC has asked 49 questions from External Sector & Balance Of Payments (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.