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Which of the following items raises the ...

Which of the following items raises the supply of foreign exchange ?

A

Import of goods from China

B

India students going to USA for MBA

C

Donation of 50 million `$` received from Microsoft

D

Purchase of land in England

Text Solution

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The correct Answer is:
C
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State whether the following items demand or supply of foreign exchange. i) Indian going to USA for education. ii) Import of goods from Japan. iii) Foreign tourists in India. iv) Bought 1500 US dollars for speculation. v) Exports to England.

What is foreign exchange?

Knowledge Check

  • Supply curve of foreign exchange :

    A
    Horizontal straight line parallel to X-axis
    B
    Verical straight line parallel to Y-axis
    C
    Slope downwards
    D
    Slope upwards

  • Which of the following does not form a part of the foreign exchange reserves of India ?

    A
    Foreign currency & securities held by the banks & corporate bodies
    B
    Gold
    C
    SDR
    D
    Foreign currency assets

  • Which of the following does not form a part of the foreign exchange reserves of India ?

    A
    Foreign currency & securities held by the banks & corporate bodies
    B
    Gold
    C
    SDR
    D
    Foreign currency assets

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    Which one of the following statements about Foreign exchange reserves of India, is NOT true ?

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