QUIZ 217

Check your Knowledge Quotient!

1. Indian rupee tumbled to all time low of 60.72 against the dollar.

           

A. True

B. False

C. Both of the above

D. None of the above

2. RBI has foreign reserves of $291 billion on this day.

           

A. True

B. False

C. Both of the above

D. None of the above

3. The rupee has weakened by 7% in June 2013.

           

A. True

B. False

C. Both of the above

D. None of the above

4. The slide in the rupee could push-up the inflation.

            

A. True

B. False

C. Both of the above

D. None of the above

5. Current Account Difference (CAD) is the difference between inflows and outflows of foreign currency.

A. True

B. False

C. Both of the above

D. None of the above

Best of luck!

Answers

1 – A, 2 – A, 3 – A, 4 – A, 5 – A