UPSC Civil Services Prelims 2011
Question 11 of 53Indian Economy
Which among the following are likely to directly affect the exchange rate of the rupee? 1. Capital flows 2. Trade balance pressures 3. RBI intervention in foreign exchange market Select the correct answer using the code given below:
A1 only
B1 and 2 only
C2 and 3 only
D1, 2 and 3
Correct Answer
The correct answer is hidden
Explanation
21 words hidden ... alter external payments needs; and by RBI intervention, which directly changes market supply-demand conditions in ... 23 words hidden