In the context of India, which of the following factors is/are contributor/contributors to reducing the risk of a currency crisis?
1. The foreign currency earnings of India’s IT sector
2. Increasing the government expenditure
3. Remittances from Indians abroad

Select the correct answer using the code given below.

Question

In the context of India, which of the following factors is/are contributor/contributors to reducing the risk of a currency crisis? 
1. The foreign currency earnings of India’s IT sector 
2. Increasing the government expenditure 
3. Remittances from Indians abroad

Select the correct answer using the code given below.

Accepted Answer

B. 1 and 3 only

Answer

A. 1 only

Answer

C. 2 only

Answer

D. 1, 2 and 3

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