Question : Which of the following statement is correct?

Supply of foreign exchange increases in the form of gifts and other remittance from abroad.

Supply of foreign exchange comes from those who wants to speculate on the value of foreign exchange.

Option 1: Both are true

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 2 is true and statement 1 is false.

Question

Question : Which of the following statement is correct?

Supply of foreign exchange increases in the form of gifts and other remittance from abroad.
Supply of foreign exchange comes from those who wants to speculate on the value of foreign exchange.

Option 1: Both are true

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 2 is true and statement 1 is false.

Team Careers360 · Accepted Answer

Correct Answer: Both are true

Solution : Supply of foreign exchange increases in the form of gifts and other remittance from abroad.
Supply of foreign exchange comes from those who wants to speculate on the value of foreign exchange.
Hence option A is correct .

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Question : Which of the following statement is correct?

Supply of foreign exchange come through imports of goods and services.

The amount which foreigners invest in the home country, increases the supply of foreign exchange.

Question : Which of the following statement is correct?

Borrowings from rest of the world contribute to supply of foreign exchange to India.

Grants and donations from rest of the world only result in demand of foreign exchange.

Question : Which of the following statement is correct?

Foreign exchange is demanded to make the payment for imports of goods and services.

Foreign exchange is needed to meet expenditure incurred in foreign tours.

Question : Which of the following statement is correct?

There is no common denomination under barter exchange to express the exchange ratios.

Money Supply is a flow concept.

Question : Which of the following statement is correct?

Supply for foreign exchange arise when people wants to make gains from appreciation of currency.

Loans from foreign country are raised in foreign currency. So foreign currency is needed to repay such