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India has to import crude oil.what …

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India has to import crude oil.what priblems do you anticipate for the country looking at the above situation??

    • Posted by Saddam Hussain 7 years, 8 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Nayra Gupta 7 years, 8 months ago

    It increases import bill of the country ....when there is currency depreciation ..more rupees are to be paid per unit of us dollar.....so that import bill rises.

    0Thank You

    Sukhwinder Kaur 7 years, 8 months ago

    ( Fiscal deficit = Expenditute > reciepts excluding borrowing ) .... indicate borrowing requirement to meet deficit .

    0Thank You

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