Which of the following statements correctly represents actions taken by the government towards liberalisation? 

P: levying high tariffs to discourage import and promoting the consumption of domestic goods and services 

Q: devaluation of the rupees to encourage inflow of foreign exchange 

R: allowing for private banks to make decisions independent of the RBI restrictions 

S: fixing prices of certain industrial goods in order to support increased consumption of these goods to boost the manufacturing industry 

A. P and Q only 

B. P and R only 

C. Q and R only 

D. Q and S only

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1 Answers

C. Q and R only 

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