Question : The Indian Government launched Incredible India campaign to promote tourism in India? How it will impact the exchange rate?
Option 1: Appreciation of domestic currency
Option 2: Outflow of foreign exchange
Option 3: Depreciation of domestic currency
Option 4: None
Correct Answer: Appreciation of domestic currency
Solution : The correct answer is (a) Appreciation of domestic currency
The launch of the Incredible India campaign to promote tourism in India can potentially have an impact on the exchange rate. Tourists typically need to exchange their home currency for the local currency (Indian Rupee), which increases the demand for the Rupee. This increased demand can potentially lead to the appreciation of the Indian Rupee.
It's important to note that the impact on the exchange rate will depend on various other factors such as overall economic conditions, government policies, capital flows, and market dynamics. Therefore, while the Incredible India campaign can influence the exchange rate, its specific impact will depend on the broader context of the economy and external factors.
Question : When domestic currency gains value in relation to a foreign currency in the international market, it is termed as a situation of:
Option 1: Currency Depreciation
Option 2: Currency Appreciation
Option 3: Currency Devaluation
Question : Due to India’s Make in India campaign many MNC’s are shifting their investments to INDIA. How will impact the exchange rate?
Option 1: Demand of Forex will increase
Option 2: Supply of foreign will increase
Option 3: Depreciation of foreign exchange
Option 4: No affect
Question : How did the resolution of language conflicts impact national integration in India?
Option 1: It led to further division
Option 2: It strengthened national unity
Option 3: It had no significant impact
Option 4: It increased external influences
Question : Which of the following institutions is responsible for managing the foreign exchange reserves of India?
Option 1: Reserve Bank of India (RBI)
Option 2: Securities and Exchange Board of India (SEBI)
Option 3: National Stock Exchange of India (NSE)
Option 4: None of the above
Question : The National Health Policy of India aims to:
Option 1: Ensure universal access to healthcare
Option 2: Promote medical tourism
Option 3: Privatize the healthcare sector
Option 4: Increase healthcare costs
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