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