Millionaire Mode

Aspects of Indian Economy

Question 1 of 20

All but one of the following statements are incorrect. Find the correct statement.

  1. Balance of payments is a narrow concepts than balance of trade
  2. India is facing severe foreign exchange reserves crunch
  3. Devaluation is panacea for BOP problem
  4. The RBI is the lender of last resort for Indian public sector banks

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000