UPSC Prelims 2022Economy
Question 3 of 16Consider the following statements: 1. Tight monetary policy of US Federal Reserve could lead to capital flight. 2. Capital flight may increase cost of firms with existing External Commercial Borrowings (ECBs) 3. Devaluation of domestic currency decreases the currency risk associated with ECBs Which of the statements given above are correct?
Linked Syllabus Concepts
Revision notes for concepts tested in this PYQ.
External Sector Vulnerabilities & Balance of Payments (BoP) CrisisAtmanirbhar Bharat AbhiyanRole of Diaspora and Remittances in Socio-economic DevelopmentExchange Rate Management and its Economic ImplicationsEconomic Diplomacy and Trade Policy in India's Foreign RelationsTariffs in International Trade
Related Study Concepts
External Sector Vulnerabilities & Balance of Payments (BoP) CrisisAtmanirbhar Bharat AbhiyanRole of Diaspora and Remittances in Socio-economic DevelopmentExchange Rate Management and its Economic ImplicationsEconomic Diplomacy and Trade Policy in India's Foreign RelationsTariffs in International Trade