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Statement I is True: Increased U.S. demand for Indian goods leads to more dollars being sold for rupees, increasing the supply of dollars, which decreases its value relative to the rupee. Statement II is True: Higher interest rates in India attract U.S. investments, increasing the supply of dollars in India and causing the dollar to depreciate relative to the rupee. Statement III is True: Capital outflows from India mean that Indian investors are converting rupees into foreign currencies, increasing the supply of rupees and leading to its depreciation.
Which one of the following measures is not likely to aid in improving India’s Balance of Payment position?
Increase in absolute and per capita real GNP do not connote a higher level of economic development, if?
What is the purpose of creating a centralized database of unorganized workers in e-Shram portal?
What is the purpose of setting up of Small Finance Banks (SFBs) in India?
1. To supply credit to small business units
2. To supply credit ...
Consider the following statements with respect to the International Labour Organisation-
I.It is the only tripartite United Nation (UN) agency. I...
Which of the following statements is/are not correct with respect to the Electoral Bonds Scheme ?
I.The government introduced the Electoral Bon...
Stand Up India Scheme provide financial aid for Working Capital needs through which organisation?
The government of India will be setting up an Indian Institute of Technology (IIT) for the first time abroad in ____________.
NITI Aayog has released the MPI India index in November, Who releases the MPI report at global level ?
What is the maximum annual deposit limit under Sukanya Samriddhi Yojna ?.