Question:

If another global financial crisis happens in the near future, which of the following actions/ policies are most likely to give some immunity to India?
(A) Not depending on short-term foreign borrowings.
(B) Opening up to more foreign banks.
(C) Maintaining full capital account convertibility.
Choose the correct answer using the options given below:

Updated On: Apr 1, 2024

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The Correct Option is A

The Correct Option is (A): (A) only

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List-I (Characteristic)		List-II (Implication)
A	Equilibrium	(I)	Plans of all the consumers and firms in the market match
B	Excess supply	(II)	Demand decreases with an increase in income
C	Inferior good	(III)	Supply is greater than market demand
D	Price ceiling	(IV)	Imposition of upper limit by government

Store	Respective ratio of number of linen kurtis to cotton kurtis sold
A	7:5
B	5:6
C	3:2
D	5:3
E	4:3
F	7:3