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?

  1. A.

    Huge trade Deficit

  2. B.

    Low Growth and High Inflation

  3. C.

    Low Capital Inflow

  4. D.

    Burgeoning current account deficit

  5. 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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