Question
The exchange rate between the Indian rupee (INR) and the
US dollar (USD) has been fluctuating significantly due to global economic uncertainties and changes in investor sentiment. The Reserve Bank of India (RBI) is closely monitoring the situation and may intervene in the foreign exchange market to stabilize the rupee. Which of the following is NOT a tool that the RBI can use to intervene in the foreign exchange market?Solution
Increasing taxes on imported goods is a fiscal policy measure, not a tool for direct intervention in the foreign exchange market. The RBI primarily uses monetary policy tools and direct market interventions to manage the exchange rate.
International Tiger’s Day is held every year on 29th July. The idea behind such an event came up at _________________ .
The Union Home Minister Amit Shah has unveiled a 120 feet tall statue of a polo player in which state?
How many floors does the Qutub Minar have?
Limits in WMA is mutually decided by GOI and RBI as per the requirement
Which Indian state has ranked first in the second edition of the India Justice Report?
Where is the Headquarters of the North Atlantic Treaty Organization (NATO)?
Who won gold medal in National Women’s Boxing Championship recently held in Haryana?
Who is the Principal Scientific Advisor to the Government of India?
Match the following with their firsts:
Which state is the largest producer of sugarcane in India?
