Which of the following is/are said to trigger a ‘currency war’?
1. A central bank following expansionary monetary policy in order to devalue its currency.
2. A central bank eases the money supply to lower exchange rates.
Select the correct answer using the code given below:
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Currency wars are triggered when nations either allow their currencies to weaken appreciably or devalue them to gain a competitive advantage over trade rivals.
Such competitive lowering of currency values, using monetary and exchange rate instruments, is described as “international currency wars”.
Nine litres are drawn from a cask full of water and it is then filled with milk, Nine litres of mixture are drawn and the cask is again filled with milk, The quantity of water now left in the cask to that of the milk in it is 16 : 9. How much does the cask hold?
Science & Technology · Easy
Sustainable development requires which of the following? 1. Preservation of ecological resources and greater use of renewable resources. 2. Encouragement to the use of environmentally-safe technologies for development purposes. 3. Formulation and implementation of policy framework for people-security and human justice, including ecological and economic security. Select the correct answer using the code given below:
Science & Technology · Easy
Consider the following statements about the Cabinet Mission: 1. Stafford Cripps was the Chairman of the Mission. 2. It supported the cause of Pakistan’s independence. 3. It recommended that provinces will have residuary powers. Which of the statements given above is/are not correct?
Science & Technology · Easy
The identity platform 'Aadhaar' provides open "Application Programming Interfaces (APIs)". What does it imply ? 1. It can be integrated into any electronic device. 2. Online authentication using iris is possible. Which of the statements given above is/ are correct ?
Science & Technology · Easy