why the per capita income results in a decrease in the Foreign Exchange Reserves
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Explanation:
The increase in reserves does give India adequate cushion to combat external shocks. India is one of the few nations whose forex reserves are more than forex debt. The increase in FDI signals faith in the future of the economy, rather than a commentary on its present state.
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Answer:
1) The Establishment of Industries and Industrial development have an important role in the economic development of country
2) Industrial development is essential for improving the standard of living and increasing the per capita income of the citizens
3)The citizens of country get employment opportunities and their lifestyle improves
4)So,the per capita income of the country goes up and there is an increase in the export of finished products
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