UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
          It is said that, in order to control inflation, foreign inflow needs to be sterlised. Sterlisation here refers to:

    A) ensuring that black money is accounted.

    B) compliance with import-export regulations

    C) ensuring that counterfeit currency does not enter circulation

    D) withdrawing equivalent local currency to maintain a desirable rate of exchange

    Correct Answer: D


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