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Consider the following statements:
1. Currency Manipulators is a label given by the WTO to countries that engaged in “unfair currency practices”.
2. Recently, India was added to the list of Currency Manipulators for the first time.
2. Recently, India was added to the list of Currency Manipulators for the first time.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements:1. Currency Manipulators is a label ...
In News- The United States has once again included India in its monitoring list of countries with potentially “questionable foreign exchange policies” and “currency manipulation”.
Option D is correct: The ‘currency manipulator’ tag is given by the US government to countries it feels are engaging in “unfair currency practices” by deliberately devaluing their currency against the dollar. The practice would mean that the country in question is artificially lowering the value of its currency to gain an unfair advantage over others. An economy meeting two of the three criteria in the Trade Facilitation and Trade Enforcement Act of 2015 is placed on the Monitoring List. This includes:
Option D is correct: The ‘currency manipulator’ tag is given by the US government to countries it feels are engaging in “unfair currency practices” by deliberately devaluing their currency against the dollar. The practice would mean that the country in question is artificially lowering the value of its currency to gain an unfair advantage over others. An economy meeting two of the three criteria in the Trade Facilitation and Trade Enforcement Act of 2015 is placed on the Monitoring List. This includes:
- A “significant” bilateral trade surplus with the US — one that is at least $20 billion over a 12-month period.
- A material current account surplus equivalent to at least 2 percent of gross domestic product (GDP) over a 12-month period.
- “Persistent”, one-sided intervention — when net purchases of foreign currency totalling at least 2 percent of the country’s GDP over a 12 month period are conducted repeatedly, in at least six out of 12 months.
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Consider the following statements:1. Currency Manipulators is a label given by the WTO to countries that engaged in “unfair currency practices”.2. Recently, India was added to the list of Currency Manipulators for the first time.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements:1. Currency Manipulators is a label given by the WTO to countries that engaged in “unfair currency practices”.2. Recently, India was added to the list of Currency Manipulators for the first time.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements:1. Currency Manipulators is a label given by the WTO to countries that engaged in “unfair currency practices”.2. Recently, India was added to the list of Currency Manipulators for the first time.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. Currency Manipulators is a label given by the WTO to countries that engaged in “unfair currency practices”.2. Recently, India was added to the list of Currency Manipulators for the first time.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?.
Consider the following statements:1. Currency Manipulators is a label given by the WTO to countries that engaged in “unfair currency practices”.2. Recently, India was added to the list of Currency Manipulators for the first time.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Consider the following statements:1. Currency Manipulators is a label given by the WTO to countries that engaged in “unfair currency practices”.2. Recently, India was added to the list of Currency Manipulators for the first time.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. Currency Manipulators is a label given by the WTO to countries that engaged in “unfair currency practices”.2. Recently, India was added to the list of Currency Manipulators for the first time.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'D'. Can you explain this answer?.
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