Question
EconomyExternal Sector and International EconomicsForeign Exchange Reserves and External StabilityMedium (editorial estimate)
Question details
- Type:
- Statement based
- Skill:
- Concept understanding
- Tags:
- external financial crisis resilience · Foreign Exchange Reserves and External Stability
- Related topics:
- FDI, FPI and External Commercial Finance
Classification and difficulty are editorial labels. Explanations are awaiting review.
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If another global financial crisis happens in the near future, which of the following actions/policies are most likely to give some immunity to India? 1. Not depending on short-term foreign borrowings 2. Opening up to more foreign banks 3. Maintaining full capital account convertibility Select the correct answer using the code given below:
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Question 49 · Foreign Exchange Reserves and External Stability · Economy · UPSC Prelims 2020 (GS)