Question
General Knowledge Question on Money and Banking
If another global financial crisis happens in the near future, which of the following actions/ policies are most likely to give some immunity to India?
(A) Not depending on short-term foreign borrowings.
(B) Opening up to more foreign banks.
(C) Maintaining full capital account convertibility.
Choose the correct answer using the options given below:
A
(A) only
B
(C) only
C
(A) & (B) only
D
(A), (B) & (C)
Answer
(A) only
Explanation
Solution
The Correct Option is (A): (A) only