Q 1: In India, the exchange rate is not fully market-dependent. RBI intervenes as and when it deems necessary. Therefore, “Only 2” can’t be the answer.
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PS
August 17, 2011 at 10:21 pmQ 1: In India, the exchange rate is not fully market-dependent. RBI intervenes as and when it deems necessary. Therefore, “Only 2” can’t be the answer.
GKToday
August 18, 2011 at 9:49 amAccepted RBI ‘s role to some extent. But, what about the Monetary Policy, which has been specifically mentioned in the option.
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