UPSC Exam  >  UPSC Questions  >   The President of which country has declared ... Start Learning for Free
The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?
  • a)
    Bhutan
  • b)
    Sri Lanka
  • c)
    Bangladesh
  • d)
    Laos
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
The President of which country has declared an economic emergency to ...
Sri Lankan President Gotabaya Rajapaksa has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices.
The military will oversee the action which gives power to officials to ensure that essential items, including rice and sugar, are sold at government-guaranteed prices or prices based on import costs. The Sri Lankan rupee has fallen by 7.5 percent against the US dollar in 2021. According to bank data, Sri Lanka's foreign reserves fell to USD 2.8 billion at the end of July, from USD 7.5 billion in November 2019.
Hence, the correct option is (B).
Explore Courses for UPSC exam

Top Courses for UPSC

The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer?
Question Description
The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer?.
Solutions for The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The President of which country has declared an economic emergency to contain soaring inflation after a steep fall in the value of the country's currency caused a spike in food prices?a)Bhutanb)Sri Lankac)Bangladeshd)LaosCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev