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Assertion (A): An important policy instrument of economic liberalisation is reduction in import duties on capital good. Reason (R): Reduction in import duties would help the local entrepreneurs to improve technology to face the global markets. In the context of above two statements, which one of the following is correct? Code

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Assertion (A): An important policy instrument of economic liberalisation is reduction in import duties on capital good. Reason (R): Reduction in import duties would help the local entrepreneurs to improve technology to face the global markets. In the context of above two statements, which one of the following is correct? Code






 
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