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2 marks2025

The Indian rupee fell 14 paisa to 83.91 against the US dollar on Wednesday amid outflow of foreign
capital and volatile domestic equity markets.
(Source(edited): The Pioneer, New Delhi, August 22, 2024)
The above situation would lead to a surplus in Balance of Payments account of India. Defend or refute
the statement by giving a reason.

Board paper · 2025 · Oswaal Books (reproduction of CISCE board paper)

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