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depreciated BOP correct; tariff barrier makes imports costlier restricts trade.
Ref: NCERT Economics Class XII Chapter 6 Balance of Payments explains BOP current capital account tariff quota exchange rate IMF concepts.
It is decided by Reserve Bank BOP correct; tariff barrier makes imports costlier restricts trade.
Ref: NCERT Economics Class XII Chapter 6 Balance of Payments explains BOP current capital account tariff quota exchange rate IMF concepts.
US Dollar money banking correct; RBI controls money supply, fiat money legal tender.
Ref: NCERT Economics Class XII Chapter 3 Money and Banking explains money functions RBI commercial banks money supply monetary policy clearly.
Either (a) or (c) money banking correct; RBI controls money supply, fiat money legal tender.
Ref: NCERT Economics Class XII Chapter 3 Money and Banking explains money functions RBI commercial banks money supply monetary policy clearly.
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