Question
General Knowledge Question on Economics
The interest rate increase by the United States Federal Reserve will likely result in……………
A
Net Foreign Portfolio Investors buying Indian Company’s stocks
B
Net Foreign Portfolio Investors selling Indian Company’s stocks
C
Increase in the indices of NIFTY and SENSEX
D
Decrease in the interest rate by RBI
Answer
Net Foreign Portfolio Investors selling Indian Company’s stocks
Explanation
Solution
The correct option is (B): Net Foreign Portfolio Investors selling Indian Company’s stocks