Question

The Impossible Trinity (also called Trilemma, or Unholy Trinity) is a concept in international economics which states that it is impossible to have all three of the following at the same time. Which of the following are NOT included in that? Please select the appropriate option.
i. Independent monetary policy
ii. Fixed foreign exchange rate
iii. Low inflation
iv. Free capital flow
v. Strong regulatory mechanism

A Only iii and v
B Only iii and iv
C Only iii
D Only v
E Only ii and v
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)