Indian Rupee Depreciation Factors
XAT 2013 · General Knowledge · Medium · Indian Economy
Which of the following was not the reason for the recent slide of Indian Rupee?
- A.
Huge trade Deficit
- B.
Low Growth and High Inflation
- C.
Low Capital Inflow
- D.
Burgeoning current account deficit
- E.
High employment rate
Answer
E
Explanation
High employment rate was not a factor driving the rupee's decline in 2012.
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