UPSC Civil Services Prelims 2019
Question 14 of 67Indian Economy

In the context of India, which of the following factors is/are contributor/contributors to reducing the risk of a currency crisis? 1. The foreign currency earnings of India’s IT sector 2. Increasing government expenditure 3. More remittances from Indians abroad Select the correct answer using the code given below:

A1 only
B1 and 3 only
C2 only
D1, 2 and 3

Correct Answer

The correct answer is hidden

Explanation

22 words hidden ... availability, thereby reducing the risk of a currency crisis. Increasing government expenditure, however, does not ... 22 words hidden

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