Immunity against Global Financial Crisis

CMAT 2021 · GK · Medium · General Awareness

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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:

  1. A.

    (A) only

  2. B.

    (C) only

  3. C.

    (A) & (B) only

  4. D.

    (A), (B) & (C)

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