Hard Currency is defined as currency: - 24734

K

Kartik Sharma • 7.98K Points
Tutor III Economic

Q. Hard Currency is defined as currency:

(A) Which is used in times of war
(B) Which can hardly be used for international transaction
(C) Traded in foreign exchange market for which demands is persistently relative to the supply
(D) None of these

Correct Answer - Option(C)

No solution found for this question.
Add Solution and get +2 points.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.

Related MCQs on Economic

Q. The Money Order system in India was introduced in the year :

Q. Which is the best measure of economic growth of a country ?

Q. Current geo-climatic conditions and increased frequency of natural calamities have necessitated the ...

Q. The Indian state which was the first to release state level Human Development Report in 1995 was:

Q. Which of the following is the aim of SEZ? 1) Generation of additional economic activity; 2) Promot...

Q. Monetary policy in India is formulated by

Q. Which of the following is not an undertaking under the administrative control of Ministry of Railway...

Q. Which decade of Indian planning has been the best for agricultural growth?

Q. Which sector has maximum weightage in the index of industrial production assigned?

Q. Which of the following accounts for Cost-Push Inflation ?

Learn All Economic MCQs

Download our easy to use, user friendly Android App from Play Store. And learn MCQs with one click.