Question 99

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


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.

Create a FREE account and get:

  • All Quant Formulas and shortcuts PDF
  • XAT previous papers with solutions PDF
  • XAT Trial Classes for FREE


    Boost your Prep!

    Download App