For international payments, the Indian currency is linked to :

Related MCQs

• Consider the following statements: Full convertibility of the rupee may mean: [IAS 2002] 1. its free float with other international currencies. 2. its direct exchange with any other international currency at any prescribed place inside and outside the country. 3. it acts just like any other international currency. Which of these statements are correct?
• Which of the following constitute the World Bank? [IAS 1995] 1. International Bank of Reconstruction and Development 2. International Finance Corporation 3. International Development Association 4. International Monetary Fund Choose the correct answer from the codes given below:
• The Indian Rupee is fully convertible: 1. In respect of Current Account of Balance of Payments 2. In respect of Capital Account of Balance of Payments 3. Into Gold Which of these statements is/are correct ?
• Hard Currency is defined as currency:
• Amongst the currency quotes USD/JPY, USD/Euro and USD/CAD, which one of the following is referred as the base currency for quotes? [Punjab & Sindh Bank 2011]
• Consider the following statement: The price of any currency in international market is determined by the: 1. WTO 2. Demand for goods/services provided by the country concerned 3. Inflation differential between the country concerned and its major trading partners 4. Stability of the government of the concerned country Of these statements:
• Consider the following statements: The price of any currency in international market is decided by the [IAS 1998] 1. World Bank 2. Demand for goods/services provided by the country concerned 3. stability of the government of the concerned country 4. economic potential of the country in question Of these statements:
• Balance of payments must always balance because:
• Trade Policy measures for correction of balance of payments disequilibrium include of export promotion:
• In calculating India’s balance of payments position, we must: