Question
Which of the below mentioned steps are likely to cause
the appreciation of rupee against dollar? 1. Increase limit of FPI in Indian Bond market. 2. Currency Swap Agreements with other countries. 3. Increase threshold for External Commercial borrowings. 4. Dollar Swap between RBI and the Indian banks. 5. Dear Money Policy of RBI. Select the correct answer using the codes given below:Solution
The depreciation of Indian currency is good for the exporters while adversely impacts the importers. Hence, certain measures are adopted to bring about appreciation of the rupee when there is too much depreciation observed. The appreciation of Indian rupee can be achieved simply by decreasing its supply since reduced supply with constant demand would certainly push the prices up.
The government of India has granted Mithila Makhana to get the GI tag, it is a speciality of which state?
Which one of the following is INCORRECT
In which Indian state is the Sao Joao Festival, a celebration involving jumping into wells, observed annually?
Where is the Headquarters of the International Atomic Energy Agency (IAEA)?
Which Indian state recently celebrated its 56th liberation day to commemorate its independence from Portugese rule
What was the percentage of persons below the Poverty Line in rural areas in India, as per the Census 2011?
The Treaty of Lahore was signed in 1846 between the British empire and ______.
Which hill station in India is known as the ‘Queen of the Mountains’?
Price Earnings Ratio (PE ratio) of Indian market is high because of the growth potential in the market
On which river is the Kulhal Hydroelectric Project located?