Friday, October 26, 2012

It is said that. in order to control inflation, foreign inflow needs to be sterilized. Sterilization here refers to


It is said that. in order to control inflation, foreign inflow needs to be sterilized. Sterilization here refers to

(a) Ensuring that counterfeit currency does not enter circulation,
(b) Ensuring that black money is accounted for,
(c) Withdrawing equivalent local currency to maintain a desirable rate of exchange,
(d) Compliance with import-export regulations,

Answer is (C)

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