Question 99

Which of the following was not the reason for the recent slide of Indian Rupee?

Solution

The 2012 slide in Indian rupee was caused due to a huge trade deficit, low growth and high inflation, low capital inflows and increasing current account deficit. High employment rate was not one of the reasons for the slide of rupee in 2012. Therefore, option E is the right answer.

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Which of the following was not the reason for the recent slide of Indian Rupee?

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