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Economics of Modern India before independence


Date: 10 Mar 2016   Posted By: Athappan     Group: Education    Category: Exam Questions   

Can you explain about Drain theory and Free trade? What is meant by "Pegging rupees to paper sterling"? What is meant by laissez faire? How foreign exchange is related i.e 1 US Dollar = 67.07 Rupees? Who it is related to? Whether gold pays major roles in foreign exchange?If it is, how ?

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