The restrictions in the form of quotas imposed on imports to reduce balance of payments deficit and protect domestic industry is known as: Option 1: Import licensing restrictions Option 2: Disinvestment Option 3: Tariffs restrictions Option 4: Quantitative restrictions

The answer is 'Quantitative restrictions'. View full solution:

CUET Economics - The restrictions in the form of quotas imposed on imports to reduce balance of payments deficit and protect domestic industry is known as: | PYQs + Solutions

CUET Economics 2026 21st May Shift 2

Indian Economic Development

Easy

Import licensing restrictions

Disinvestment

Tariffs restrictions

Quantitative restrictions

✅ Correct Option: 4